Alan Mills
No money down funding options
23 August 2024 | 1 reply
I would just like to scale up and the capital that I have isn’t enough to move as quickly as I’d like to acquire properties, so looking for other options.
Jacob Henry Wirth
Wholesaling in Orange County CA
23 August 2024 | 8 replies
@Jacob Henry WirthFrom Huntington beach as well..New to investing have 2 long term rentals here..Interested in scaling and meet-ups..
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.
Emily Lai
How to market my skills
23 August 2024 | 8 replies
I design small to large scale commercial projects.
Don Taylor
What are your financing challenges?
21 August 2024 | 1 reply
Are there any financing challenges that are holding you back from scaling your real estate portfolio?
Tom Albares
Sold short term rental condo in Tucson
22 August 2024 | 0 replies
We though we would scale up by purchasing a second.
Samuel Coronado
Getting ready to develop park
21 August 2024 | 9 replies
Have you ever managed contractors at that scale?
Michael Opper
SFHs to Multifamily (apartments)
23 August 2024 | 9 replies
That is why most turn to syndication to bring it outside funding from LPs in order to scale over time.
Courtney Middlebrook
Best Practices for Managing Booking Payouts as a Short-Term Rental Co-Host in Texas
22 August 2024 | 4 replies
I'm wanting to scale and add other clients to my portfolio.
Troy Maleyko
Duplex Project - Fort Myers, FL - 7 Duplexes - 3411 Broadway
21 August 2024 | 5 replies
there's a lot more economies of scale if you reduce the footprint and stack higher like a 3 story walk up. are you worried about the rezoning process?