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23 July 2024 | 5 replies
Hey Travis, I'm new to investing and was wondering how you determine how much to rent it out for.
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25 July 2024 | 20 replies
They mention termites, signs of water proofing in basement (we didn't waterproof), pluming and electrical repairs not disclosed, not disclosing a new roof, and they were suing for 150K on a 165K house...The truth of it is we didn't know of any leaks in the plumbing or the roof.
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24 July 2024 | 6 replies
Here's a list of tasks where ChatGPT can be particularly beneficial:Initial Client Interactions: Use ChatGPT as the first point of contact on websites to answer basic client queries and gather preliminary information.Property Information: Automate responses to common questions about property listings, such as square footage, amenities, and nearby attractions.Appointment Scheduling: ChatGPT can help schedule property viewings or meetings based on the broker's availability.Market Updates: ChatGPT can be programmed to provide recent market statistics, price trends, or news to clients on demand.FAQs: Handle frequently asked questions about the property buying/selling process, brokerage fees, or other standard real estate queries.Document Explanation: Brief explanations of common real estate documents, terms, and jargons, ensuring clients have preliminary understanding before detailed discussions.Lead Qualification: By asking potential clients a series of questions, ChatGPT can help in initial lead qualification, filtering out those who aren't serious or ready to move forward.Feedback Collection: After a property tour or meeting, ChatGPT can gather feedback, which helps in improving services or adjusting property prices.Recommendations: Based on client preferences, ChatGPT can suggest properties from the broker's listings.Follow-ups: Automated reminders or check-ins with potential clients to maintain engagement.Education: Offer brief tutorials or explanations about real estate concepts, market trends, or investment advice.Localization: Provide information about neighborhoods, schools, and local amenities to clients interested in specific areas.Transaction Updates: Keep clients informed about the status of their property transaction, from initial offer to closing.Referrals: Encourage satisfied clients to refer friends and family by sending automated referral requests or reminders.Networking: Introduce and maintain relationships with other brokers, agents, or relevant professionals in an automated yet personable manner.Maintenance Reminders: For brokers also involved in property management, ChatGPT can remind tenants of maintenance schedules or gather feedback post-maintenance.Reviews & Testimonials: Automate the process of collecting reviews and testimonials from satisfied clients for promotional use.Mortgage & Financing Info: Provide preliminary information on mortgage rates, lending institutions, or financing options available.Training: New agents in the brokerage can use ChatGPT for training purposes, asking questions about company policies, sales techniques, or market nuances.Market Analysis Reports: While detailed analysis might require specialized tools, ChatGPT can give general market outlooks based on data provided to it.By leveraging ChatGPT in these areas, brokers can increase efficiency, enhance client engagement, and free up time to focus on relationship-building and closing deals.
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24 July 2024 | 8 replies
Hello all,I am new to bigger pockets, but I do have experience in real estate investing with SFH rentals in Northeast PA.
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24 July 2024 | 17 replies
build a new 3 family in miami dade county
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24 July 2024 | 14 replies
I had a case when needed to clean the coffeemaker and did it during a couple hours, or organized the TV replacement with a new unit in less than 4 hours.And Bremerton is a bit of an hour drive but totally doable for me for managing, and will definitely have a local cleaning team and handyman.
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23 July 2024 | 4 replies
Builders typically are NOT long term buy and hold investors.they build they sell they take their profit and do another new build, rinse and repeat.There’s still a delta between seller ask and buyer expectations on existing property which makes sense.
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21 July 2024 | 4 replies
Hi everyone, I am a newly licensed Mortgage Loan Officer in Texas. I am looking for recommendations for Direct Lenders or Mortgage Brokerages who sponsor newly licensed MLOs. I have experience as an SFR investor (rent...
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24 July 2024 | 14 replies
As of 2022, zoning no longer permits new Airbnb’s in most zones - Fees upon fees upon fees: The STR hotel tax is no joke.