![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/891534/small_1621505087-avatar-patrickm221.jpg?twic=v1/output=image&v=2)
20 November 2017 | 25 replies
You could charge a bit of a higher interest rate, require a decent down payment and discuss that you’ll be there to give advice and help, but they are responsible for the whole ‘business’.If you do your vetting properly and help them succeed, you could lower your tax bill and create a long term income.Maybe this is a terrible idea for real estate and/or you just want to dump the homes and walk away.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/695473/small_1621495618-avatar-michaelf207.jpg?twic=v1/output=image&v=2)
28 July 2020 | 28 replies
My place is in downtown SF, when I charged lower, I got party kids finding beer bottles in trash along with condom wrappers but once I raised the price along with great ratings, I got working professionals and conventioneers which are never home because they were here to work.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/153826/small_1623800829-avatar-ignoisbliss16.jpg?twic=v1/output=image&v=2)
15 November 2017 | 3 replies
Most people I ask say to take the lower paying job because Ill be happier and I will eventually make more with raises etc, but if I don’t plan on staying in the corporate world I feel that the extra 20k a year will help towards investing and retiring quicker.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/477439/small_1621478416-avatar-shannfenix.jpg?twic=v1/output=image&v=2)
15 November 2017 | 1 reply
I have a credit score over 700 and 100% equity, but lower income on tax statements (due to being self employed).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/868923/small_1621504714-avatar-tiffanym58.jpg?twic=v1/output=image&v=2)
15 November 2017 | 2 replies
Usually you pre-pay for the vacant policy for a year, then when you either sell or rent it out, cancel that policy (and get some pro-rated money back) and start a new (lower-priced) policy.I'm not familiar with insurance agents in your area, but I'm sure other investors in the area will reach out.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/740024/small_1621496464-avatar-adamr85.jpg?twic=v1/output=image&v=2)
18 November 2017 | 5 replies
Depending on what your market cap rate is , lets say 8.5% ( some parks trade at this today, some higher , some lower) gives the park a market value of $1,867,764.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/786369/small_1621497382-avatar-joed135.jpg?twic=v1/output=image&v=2)
16 November 2017 | 4 replies
End of the day though, it only takes 1 person out of the 4000 you mail to actually open it and the profit you make from that more than makes up for that batch of mailing.Since you're smart and running a long campaign, even if one batch gets a lower response rate you're still cultivating the seeds you planted many batches ago.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/915635/small_1621505501-avatar-kennyczaj.jpg?twic=v1/output=image&v=2)
6 December 2017 | 20 replies
You can do so with relative safety if you invest intelligently.It may seem like demanding criteria, but I will not get into a deal to lose moneyHigh cash returns do not necessarily mean you won't lose money or will have a lower risk.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/457063/small_1621477507-avatar-paulk31.jpg?twic=v1/output=image&v=2)
21 November 2017 | 4 replies
If your comps are lower in price, expect appraisal problems.