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21 May 2024 | 1 reply
From what he has told me, he hasn't gotten any offers on it due to the neighborhood.
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20 May 2024 | 4 replies
For me, it depends how much I want the seller to accept my offer and how willing I would be to walk away from that amount of money.If I'm playing hard ball on a property I'm not crazy about I might offer $1,000.
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21 May 2024 | 15 replies
We offer full-service management for a flat, monthly fee ($130/unit), plus 10% on any maintenance costs.
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21 May 2024 | 53 replies
I get 0% promotional offers for 12 - 18 months consistently.
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20 May 2024 | 10 replies
Hey BP house hackers,Actively making offers on house hack deals in my area and want to get your thoughts on something.
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20 May 2024 | 1 reply
I'm looking into getting a Pro membership through the BiggerPockets podcast, and I'm researching the property management software they offer.
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20 May 2024 | 2 replies
There is already several offers from solar lease companies to lease a portion of the property.
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20 May 2024 | 13 replies
This is something to budget for when considering this type of rental.Management Intensity: Managing student rentals can be more hands-on, requiring stricter lease agreements, regular inspections, and sometimes dealing with noise complaints or other issues.Seasonal Vacancy Risk: There’s a risk of vacancies during summer months unless you find tenants who stay year-round or offer summer sublets.Zoning and Regulations: Some college towns have specific zoning laws or regulations regarding student housing, so it’s crucial to be aware of these and ensure your property complies.Tips for Success:Proximity to Campus: Properties close to the university are more desirable and can charge higher rents.Furnishing: Consider offering furnished rentals as students often do not have their own furniture.Strong Lease Agreement: Have a robust lease agreement that includes clauses for damages, noise, and other common issues.Hire a Property Manager: If managing the property becomes too time-consuming, a local property manager with experience in student rentals can be a great asset.Overall, student rentals can be a profitable investment with the right management and location.
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21 May 2024 | 8 replies
It seems like there hasn't been much discussion about new residential construction projects and the opportunities they offer.
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24 May 2024 | 100 replies
I got offered a gig in Nashville in 2017, almost took it, it was nowhere near as popular back then as it has been the last three years.