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Results (10,000+)
Chuck E. Tenant Complains AC Not Cooling to 68 degrees, Outside Is 114 degrees
26 August 2024 | 44 replies
I live up north where it regularly gets down to -20 degrees.
Jaden Jung Experiences in Roofstock, Doorvest, Norada, or other "Turnkey" solutions
26 August 2024 | 16 replies
Kathy Fettke, who is the owner, is a regular host for the On The Market podcast.
Alan Asriants Buyer will now have to sign contracts before touring homes - PA
27 August 2024 | 19 replies
For example, in the past you may have used your cousin (who doesn't sell any homes regularly) to help you find a home, that could have bitten you in the behind because something came up or was overlooked in the transaction which ended up costing you more than you planned. now that you are paying, you are hoping whoever you are dealing with is qualified.
Robert Rixer Creative Ways to Boost NOI
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.  
Matt F. Who gets late fees collected by property manager?
24 August 2024 | 23 replies
This reduces the time it takes for the funds to clear the Client Trust Account and for this reason, the only usually gets their money as regularly scheduled. 
Mark Torrefiel ADUs and utility metering
23 August 2024 | 1 reply
Submetering seems reasonable, as the price isn't too terrible, but then I'd have to have the property manager bill them regularly, and at the end of the day, if they do not pay it, then I am still overall responsible for paying it.
Taylor Cook Who manages your books for your rental?
24 August 2024 | 18 replies
Rent and condo fees (if applicable ) are regular, insurance and property taxes are once a year, repairs are random and (hopefully) infrequent.
Stacey Wells The Benefits of Renting with an Option to Buy
22 August 2024 | 2 replies
Make sure to have clear documentation of regular, on time rent payments and the agreement clearly laid out.
Dalton Smith Ask a General Contractor (me) anything!
25 August 2024 | 61 replies
But then you mention fins so that suggests a regular window.
Michael D Kaminski How to Supervise my Property Manager?
23 August 2024 | 21 replies
When I managed properties the owner would regularly call me in his office.... why did we spend $1/sqft to paint this apartment, why did we replace a fridge, what does it cost $2500 to do a simple make-ready on a 1 bedroom luxury apartment?