Akeem Watson
House hacking in Chicago neighborhoods
19 April 2024 | 10 replies
Hello everyone,I am moving to Chicago soon and looking for great investments to house hack.
Logan M.
Pre-Lease Signing Incentives
19 April 2024 | 5 replies
I want to put in place some incentives for new tenants and want to know if anyone on BiggerPockets has done something similar.Here are a few ideas I have had:First Month Free: Sign a 13-month lease and get your first month freePets: No pet fee for the first 6 months, year, etcRent Discounts: Offer a discounted rent for the first month or two fortenants who sign a pre-lease agreement before a certain date.Waived Fees: Waive application fees, administrative fees, or securitydeposit for tenants who pre-lease.Free Utilities: Offer to cover utilities such as water, electricity,or internet for a certain period for tenants who sign a pre-lease.Upgrade Packages: Provide upgrades or amenities such as free parking,access to a fitness center, or a smart home package for those whopre-lease.Gift Cards or Vouchers: Offer gift cards or vouchers to localbusinesses such as restaurants, cafes, or grocery stores as a signingbonus.Flexible Lease Terms: Offer flexible lease terms, such as shorterlease lengths or the option to renew at the same rate, to incentivizetenants to pre-lease.Refer-a-Friend Program: Encourage current tenants to refer friends orfamily by offering them a reward if their referral signs a pre-leaseagreement.Early Move-In: Allow tenants who pre-lease to move in a few days earlyat no additional cost.Guaranteed Parking: If parking is limited, offer guaranteed parkingspots for tenants who sign a pre-lease agreement.
Trevonta Crawford
Seeking Advice on Rebuilding from Zero After a Life-Altering Event
17 April 2024 | 2 replies
Any insights, tips, or words of encouragement would be greatly appreciated.Thank you all for your time and support.
Abdul King
Proof of Funds
20 April 2024 | 22 replies
How do you move forward without really having those funds available to close the deal??
Alazar Wubet
How do you source your deals? Long post
20 April 2024 | 9 replies
After the 2008 crash we did a lot of short sales and we got virtually all those deals through direct marketing with a few from bandit signs.When we moved out to KC, almost everything we bought were REOs listed on the MLS.When those dried up, we started getting a mix from wholesalers, a few hidden gems on the MLS and direct marketing.
Ethan Loop
Jobs in Real Estate Investment Group's California
19 April 2024 | 0 replies
I am a senior at the University of Colorado Boulder studying finance and real estate looking to move back to California after graduating in a few weeks.
Lynette Guy
Leaving Evolve Vacation Rental
17 April 2024 | 35 replies
@Lynette Guy Thanks for then next door tip.
Jon Steffen
Out of State - Ski Property - Short Term Rental
19 April 2024 | 6 replies
Given that we like skiing as a family activity and wouldn't mind moving to Colorado at some point this seemed like a potential option.Where I'm struggling on this is that it seems that the economics don't really make sense given property prices, mortgage rates, and occupancy.
Jason Turgeon
Real Estate Software Roundup (long)
20 April 2024 | 33 replies
I took the plunge and handed over my credit card and prepared to start moving funds over to their cash management accounts.Right away, I ran into problems.First, the don't use Plaid, the industry standard bank account importing vendor, to sync bank accounts for transactions (somewhat confusingly, they do use plaid to verify ACH transactions, but you have to go through a different platform to get there).
Arif K.
Tenant asking for rent reduction or threat of lawsuit
19 April 2024 | 8 replies
I have a tenant who has caused issues for me from the day she moved in.