John Underwood
New law makes wholesaling illegal is SC
22 July 2024 | 82 replies
They feel that a licensed agent shouldve sold grandma's house on the open market and gotten her the full amount.
Luis Arguello
Strategies to reduce taxable income while deploying capital to build wealth?
21 July 2024 | 10 replies
They'd be able to give a lot more personalized advice versus what you might find on public forums such as these.That being said, there's a variety of strategies you might be able to employ.
Don Konipol
What are New ‘Investors” Looking For When They Come to BP?
23 July 2024 | 12 replies
It seems like they regard our negative opinion of their strategy as an attack on their person.
Mike Wood
DSCR and Commercial Loan Question - 2+ unit Investment Properties
22 July 2024 | 17 replies
Hi MikeAre your properties held in your personal name of an LLC?
Raj Mukherjee
Greenville SC vs Huntsville AL
23 July 2024 | 12 replies
Finally, I look at housing starts, price points, infrastructure and safety - both cities are comparable, although Huntsville seems a bit better.
Will Stewart
Fundrise vs Arrived
22 July 2024 | 5 replies
Does anyone have personal experience with either of these?
Eric Whiting
Hello BiggerPockets! New PRO here
24 July 2024 | 2 replies
I do not have much knowledge on real estate but I am the hitting books: BRRRR by David Greene, Estimating Rehab cost by J.Scott, Investing real estate with no/low money down by Brandon Turner and finally, Rental property investing by Brandon Turner.Outside of real estate, I enjoy swimming, bike riding, watching anime, playing video games and interests in the stock/house market.Excited to learn and connect with you all!
Danny Azon
New agent self representation/strategy question
21 July 2024 | 2 replies
For a broker, reach out to Rob Arnold with Sand Dollar Realty.Do you need to get into a bigger house or just want to?
McKean Farnell
"I've heard about ChatGPT but I'm not sure how to use it..."
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.
Guy Wittenberg
looking For Recommended Areas in Indianapolis to invest
24 July 2024 | 7 replies
Hello, I am interested to invest in Indianapolis with a group of investors.Looking to Buy houses for fix & Flip at the price of 120K and would like to know about neighbourhoods or areas we should focus on.Thank you