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24 August 2024 | 2 replies
Replaced all lighting and painted all of the cabinets.
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22 August 2024 | 9 replies
If it is assigned parking, contact the tenant in writing and let them know that they are not to park there and next time they will be towed without warning.
23 August 2024 | 8 replies
WArning: You are asking legal questions in a forum online.
23 August 2024 | 8 replies
My W2 is affording me some extra time and I want to spend that time building my REI experience.I am a commercial lighting and interior designer and lighting controls expert.
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28 August 2024 | 74 replies
Two ice cold Coors Light, First bourbon is Luck 7, second was Blade and Bow, third will be.......
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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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23 August 2024 | 6 replies
Sometimes, I see people add bedrooms when it doesn't make sense.It's often not as simple as just putting up a wall because you need lights, outlets, and proper ventilation.
30 August 2024 | 70 replies
It was the best decision I ever made, and I am not saying this lightly.
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21 August 2024 | 7 replies
I am posting this comment as a warning to people out there about 215 Jordan Road in Stevens Point.
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22 August 2024 | 21 replies
I am a member of Jerry’s $10k program and I must warn the world that this program is not what he makes it seem.