All Forum Posts by: Kash Jawed

@Ryan A Shumaker

A lot of our community members use Cash Flow Portal, and we used their software for our syndications as well. Very affordable, easy to use, and built by Perry Zheng, who invests in multifamily himself, and knows the issues to solve

Gino

I would highly caution against investing in any of Rod Khleif's deals. He makes most of his money selling education. I was almost about to join his warrior program but decided against it because of the guy who was super rude and arrogant. 

Hi All, 

I apologize for the delay! I've been spending the last 6 months tweaking and enhancing the Podio for Property Mgmt template. In fact, with recent enhancements to the Podio/ Globiflow integration, we are now able to deploy super powerful workflows along with the template. This includes automated SMS texting to our tenants, broadcast emails, RightSignature, etc. 

We are recording the training videos now.

Thanks for all the interest! 

We purchased our first 4 Unit Building after a successful Triplex property. We came across a property with the ability to financing using seller financing, and noticed that the property was severely mismanaged and low rents. So we seen a good valuation here:

I've included a screenshot of how I came up to our valuation:

We are planning on raising rents again once some capital expenditures are completed and after some vacancies to paint and update the units with new flooring and etc.

So if my figures are correct, by raising our rents and NOI, our valuation of the building has increased from $110,000 to $148,290 and then eventually $193,760?

This is really the first time we have started investing in Multifamily buildings and honestly never bothered with CapRates or Valuation (SFH are pretty simple, COMPS). I just want to make sure my figures appear to be correct and our beliefs are correct that we found a decent deal.

This method also allows us to track our progress on "paper". Any issues with my calculations?

I just wanted to share because I'm excited about the call! My partner and I own a couple single family home rentals and we're looking to get into the multi-family market, but we were having trouble connecting with folk in our local area. There's a nice 5-plex around the corner from where we live, well maintained building, so I pulled the deed for the property, stalked the owners on facebook and linkedin, and messaged them explaining what I was trying to do and if I could call and chat. The owner said yes so we had an awesome conversation last night. He's been in the game for many years (retired from his "real" job last year), so he had lots to share! He put me in contact with professionals that he's found over the years that really know what they're talking about.....learned so much!! 

Anyways just wanted to share with you all! I was super nervous to make the call, but it couldn't have went better. Will definitely be doing it again! :) 

You’ve done the due diligence needed to start a vacation rental property business, selected the best location you could find, invested your hard-earned money, and listed your short-term rental on Airbnb.

Now, you realize that that’s just the beginning of your business.

Once you start getting bookings, you realize that Airbnb occupancy rates in some seasons are higher than others.

Like typical human nature, you begin to desire more. You want full bookings all around the year.

Here are 6 ways you can boost your occupancy in 2022:

1. Price optimization

2. Highlight your best amenities

3. Target to get good reviews

4. Leverage social media

5. Lower the minimum stay between bookings

6. Offer special deals

What would you add to this?