24 August 2024 | 55 replies
That's why I am asking if this is still going on.I was listening to BiggerPockets podcasts before I got my license.

24 August 2024 | 9 replies
Unless it’s self-evident what the disability is, I believe that you can ask for a letter from a licensed medical professional stating the tenant has a disability and that they need both service dogs for their disability.

23 August 2024 | 21 replies
If you are being charged $400 they are probably using a licensed plumber with higher rates.From HomeDepot.com - The average cost of toilet installation ranges from $185 to $400 for all labor and materials.

22 August 2024 | 6 replies
By "better", I mean in terms of (1) return (2) licensing restrictions, and (3) state law.

25 August 2024 | 21 replies
In Chicago airbnb won't let you list unless you have the license number from Chicago.

23 August 2024 | 19 replies
His post high school plans the last couple of years was to get his real estate agent license, with the ultimate goal of investing.

22 August 2024 | 11 replies
Lake Geneva has a license requirement for Airbnbs which will make it difficult to skate under the radar.

25 August 2024 | 10 replies
Ive been licensed 21 years and when I got into the industry.....everyone said the MLS going on the internet was the biggest change in 100 years and how the internet would put everyone out of business.

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.

23 August 2024 | 11 replies
I'm a licensed general contractor as well so anything construction related as well give me a shout!