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All Forum Posts by: Brett Jurgens

Brett Jurgens has started 8 posts and replied 28 times.

SFR investing has been hard for a while. Pencils have been down and large investors have been focused on cutting costs, increasing renewal rates and improving operations. But there's only so much juice you can squeeze out of a portfolio.

Interest rates are coming down and activity will increase in 2025, though the housing shortage is keeping prices elevated.

So what can investors do?

What if you could add $200 / month in NOI (a 30-100 bps boost in cap rate depending on the asset value) without raising base rent?

Let’s do some simple math…

If you buy a $300k house, charge $1,900 in rent, and have a 35% expense ratio, you’re at a 4.94% cap. Fine, but not above most LP hurdles.

Let's add solar and other sustainability upgrades. Add $12k to your cost, generate an additional $200 / month in NOI, and now you're at a 5.52% cap. A 58 bps boost.

Post: Excited to Join

Brett JurgensPosted
  • Denver
  • Posts 29
  • Votes 17
Quote from @Robin Simon:

Welcome to BP!

 Thanks @Robin Simon!

Post: Excited to Join

Brett JurgensPosted
  • Denver
  • Posts 29
  • Votes 17
Quote from @John Mason:

Welcome to Bigger Pockets ! You have come to the right place to begin your investing journey.

Have you looked into attending local meetings and joining Facebook groups?

 @John Mason Thanks! No I haven't gone down some of those paths yet. Any recs?

Post: Excited to Join

Brett JurgensPosted
  • Denver
  • Posts 29
  • Votes 17

Thanks!

Post: Excited to Join

Brett JurgensPosted
  • Denver
  • Posts 29
  • Votes 17

Hi - I'm excited to join BP to learn more about investment opportunities, trends in how to increase income on existing investment, and green / ESG improvements.

Post: Looking to connect with small- to mid-sized SFR investors

Brett JurgensPosted
  • Denver
  • Posts 29
  • Votes 17

Hi Everyone - I just joined and am excited to connect!

My company, Net Energy, makes SFR investors an additional $150-$200 / month, saves renters 10% on their utility bills increasing renewal rates 11%, and reducing carbon emissions in homes by 65%+. We've worked nationwide with very large, institutional owners so far and are getting some inbound interest from smaller owners.

I'd love to speak with any SFR owners who are interested in increasing income on their rentals. Especially those who own 5-100 properties. We're learning about this segment right now and want to figure out if our offering is a good fit or not.

I'm also open to investment opportunities personally. Please connect with me directly if you're willing to help us learn and / or if you're interested in what we're up to at Net Energy.