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23 August 2024 | 181 replies
If you train up reireply has a ton of features.
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23 August 2024 | 10 replies
The owner pays for all the bills currently 575 per unit, which include water, electricity, internet, and cable.
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23 August 2024 | 2 replies
So I'm trying to learn everything I can as I search out my path to gaining the needed capital to get this train rolling.
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23 August 2024 | 4 replies
@Robert Rixer, I don't know how creative these are, as many are common plays:Valet TrashFencing in first floor yardsProviding washer and dryers for added rentReserved, Covered parkingTech PackagesInternet and Cable contracts, with reimbursementsPayment Plan rents, with small service charge (i.e. bill 1/4 rent each week)Reserved Rental cabanas at poolPrivate pool party rental optionGolf Simulator in clubhouse - fee basedOn site, self serve car wash (quarter feeder style)Charged group fitness/personal training servicesGame room in clubhouse with monthly subscription for tenants (Xbox, Playstation, etc)Changing out high maintenance grass for astro turf or lower maintenance/lower water use shrubberyBut ultimately, I think a lot of NOI increases come from deep dive into understanding EVERY expense and finding ways to minimize them, and/or no outsource them.Train maintenance team on basic HVAC and appliance repairs (find way to get them licensed as needed)Buy paint sprayers for faster, easier turns versus having to hire a contract painter, and possibly repaint whole unit each timeStandardize all finishes, so you can buy in bulk, everything from hinges and door knobs to cabinets, paint colors, and light fixtures.Potentially get leasing people onto lower base salary with higher bonus potentialBulk/bundled insurance across portfolio (even better at scale is to self insure)Regularly test sprinkler systems for leaks.Non-NOI, but benefit to you: partner with insurance agency to get referral kickbacks from your tenant base for renter insurance.
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21 August 2024 | 73 replies
I’ve learned more from the top 5-10 BP contributors than anywhere on the internet not named Google ^^^ is there a way to follow the top contributors on BP???
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25 August 2024 | 57 replies
Hardest thing to train real estate service providers on is when to turn down a client.
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23 August 2024 | 22 replies
That is for people trained to buy property the correct way, but most people aren't trained so they resort to the aforementioned options.
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23 August 2024 | 19 replies
If you want formalized training, your best bet is to take a course and then network like crazy to get in the orbit of other successful syndicators so that you can see how they operate.Here are some resources:Value Hound Academy with Craig HaskellSyndication and Crowdfunding WorkshopGene TrowbridgeJillian Sidoti
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21 August 2024 | 18 replies
We also do all the integrations for you as far as your marketing tools (Cold calling dialers like CallTools, websites like Carrot for example) as well as provide great customer success training showing you and your team how to use the system.I'd be happy to do a screen share meeting to show you or anyone on the the thread around and see if its a fit for you at this point in time
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22 August 2024 | 11 replies
At the time-mid 80's-tenant's rights were no different in Ca than elsewhere and screening with no internet was a whole other story.