Hey Guys,One of my clients is single-family rental investor who is letting Covid completely change his business model. I've told him numerous times he's making a mistake by letting his emotions dictate his business bu...
I was wondering what people used as incentives or gifts for their tenants. Do you give them anything to keep them happy, like new doorknobs, or fans or things like that?
What are the best incentives you've used??
Lesson learned:Don’t underestimate yourself or be shy to reach out to the best in your field. (Hopefully with some value or interest for them, also)Was there a time you surprised yourself by reaching out to other inve...
Just listed a new rehab project for sale Friday at 155k, received an email this morning from buyers agent saying client is interested but "only approved" for 146k and needs 7k closing cost.
We are still making a kill...
Seems like rent has risen significantly. Properties nearby that used to rent for $1800 a month are now asking $2400. One is asking $2750. I don't know if they are actually getting that but that's what they are a...
What is a double closing?
A double close involves purchasing a property wholesale and then “flipping” the property to an investor that same day; thus the double closing -- the wholesaler's closing is nearly simu...
What are y'all doing to reduce turnover in your homes, or lots? Are you using credit checks? It just seems like everyone(at least around here) has bad credit. Stable income at least 3x's total housing payment? Do y'al...
What are the factors to consider when deciding whether to ask the seller to pay for closing costs or just boosting the offering price to compensate.
Sample deal:
Offer 1- $515K, each party pays his own closing cos...
I'm trying to continue the good discussion on the "Housing crash" thread that @Greg R. created few months ago and had the number one posts in the history of BP including a very insightful post from @James Hamling. But...