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2 February 2020 | 8 replies
It's renewal you want to incentivize because vacancy is such a cash flow killer.I've bought small gift cards for select tenants at Christmas (using credit card points, so none of my own cash), and while I don't think it's increased my revenue, I know they've greatly appreciated them and I'll probably keep doing it - not across the board, but for select tenants.If you haven't yet, check out Joe Asamoah's BP podcast.
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2 February 2020 | 10 replies
I only use it in selective bedrooms.
3 February 2020 | 9 replies
Select a contractor with the accreditation as a Certified 203k Contractor.
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6 February 2020 | 11 replies
Screening all applicants, understanding the information and deciding how to select your tenant.
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8 February 2020 | 5 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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3 February 2020 | 4 replies
Both the kitchens were done over brown oak cabinets.Above: cabinets - rustoleum cabinet transformations in cabernet; countertop - daich spreadstone mineral select volcanic black.
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3 February 2020 | 3 replies
@kerry Baird and @Evan Polanski Yes, I was under the assumption the seller selected the Title Company.
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6 February 2020 | 7 replies
I'm hoping to be +750 cash flow by mid 2021.If you decide to keep, make sure that you have ($$$) flexibility to find the most affordable services and be selective with tenants.
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8 February 2020 | 23 replies
I choose which maintenance/repairs I do myself or which I farm out to good tradespeople which saves me a ton of money over what the PM would charge for their selected contractors.If the property is geographically close, I would recommend giving it a shot yourself before hiring a PM.
19 February 2020 | 27 replies
Here are some recommendations for you:Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.