Tony Morales
How it all got started for me
22 April 2024 | 0 replies
Purchase price: $230,000 Cash invested: $20,000 Long-term rental property with high appreciation potential.
Adam L.
What am I missing?
22 April 2024 | 4 replies
.$700k down 1.3m loan at 6.5% amortizedover 20 yearsYou would make $18k a year in Cash flowWould pay down $31k a year in principalAfter the first 5 years.
William Coet
Is This Irresponsible or Sophisticated?
22 April 2024 | 9 replies
I’m looking for cash flow and am not afraid of value-add properties requiring work.
Aniket Patkar
Buying a rental investment property for short-term purposes
22 April 2024 | 9 replies
We also have good enough cash put aside for a %20 down payment.
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.
Phil Shelton
paying off rental property loans - which loan first
22 April 2024 | 10 replies
All of these properties generate cash flow, besides my primary residence.
Allison Zittritsch
Looking for an experts opinion!
22 April 2024 | 22 replies
It's enough to feel like you have a good slug of cash but not enough to be dangerous.
James Wise
NAR Lawsuit Settled! Offering Buyer Agent Commissions in the MLS now Illegal!!!
25 April 2024 | 209 replies
And then it won't appraise at the sale price and seller will have to come up with a lot more cash or cancel the contract.
Amber-Andreia Tiburcio Rodrigues
Condo House Hack
22 April 2024 | 0 replies
Purchase price: $125,000 Cash invested: $25,000 House hack.1st property.
Willie Creear III
STR vs MTR Rental Strategy
23 April 2024 | 10 replies
This may hurt me in the algorithms, but it works for my cash flow,