
25 August 2024 | 21 replies
I’m curious to see how these bills will interact with the Beaches communities.

24 August 2024 | 26 replies
Rental Registration billed per unit $70 have to renew every year 2.

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.

22 August 2024 | 1 reply
The Governors of Maryland and Montana both recently passed a series/package of housing bills.

24 August 2024 | 18 replies
I have 3 that I rent by the room that has more moving parts/bills etc, but I feel it’s super easy to do.

28 August 2024 | 39 replies
As an example, my personal home was tax assessed at $399,000 and my tax bill was $13,500 per year.

25 August 2024 | 23 replies
If I am buying directly from a property owner, I sometimes not only pay all closing cost but also back taxes, water bills etc.

23 August 2024 | 10 replies
The owner pays for all the bills currently 575 per unit, which include water, electricity, internet, and cable.

25 August 2024 | 61 replies
The mold remediation guys hire the best salesman to scare you into getting them in there with no price on the bill.

23 August 2024 | 10 replies
We understand the risk of having the tenant’s utilities in our name and the hassle of owner billing back utilities to the tenant (we do this on quite a few units for water).