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All Forum Posts by: JJ Grogis

JJ Grogis has started 3 posts and replied 3 times.

Post: Free way to increase NOI

JJ GrogisPosted
  • Specialist
  • ME (maine)
  • Posts 5
  • Votes 0

There are free programs in ME which allows you to lower your CMP or Versant bill up to 15%

Post: Finding deals in southern Maine

JJ GrogisPosted
  • Specialist
  • ME (maine)
  • Posts 5
  • Votes 0

Can you still find fix and flip deals in southern Maine in the current market?

Post: Increasing rent and increasing property value

JJ GrogisPosted
  • Specialist
  • ME (maine)
  • Posts 5
  • Votes 0

Hi my name is JJ and I’m a GM at a food delivery company. So my franchisee owns the building we operate out of and I’m looking to add value to him so I can get bigger bonuses. I want to add value by asking him to increase the rent on our property, rent is currently 5.3k in a 2000 sqft building. If he increases the rent 1-3k per month how much more value does that add to the property? Is there a big jump in property value or cap rate? I want him to make more money so I can also make more. What are your thoughts on this?

Thank you!!