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Results (10,000+)
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.  
Cheng Bin Zhang How to ADU in Massachusetts
28 August 2024 | 5 replies
Electric stove, dryers, water heaters, and high-efficiency Mitsubishi heat pumps.
Michael Baum Deep Theme Design Trends
25 August 2024 | 11 replies
When I'm looking for places to say, amenities are very important to me (pool, movie theater, game room) as well as the layout of the furnishings and how comfortable it appears. 
Eric Sandmann Water Damage From Leaky Roof - HOA Responsible for Roof
22 August 2024 | 0 replies
The roof begun leaking this week and has caused water damage to the ceiling of my unit and I notified the HOA of my issue on Monday.
Kaias Blanco What should I do when I'm 17 making 36,000 a year
27 August 2024 | 4 replies
But eventually you take the leap… you decide to go for it and you tread water until you can swim to the next level of your future.For me, I was about 20 attending a photography seminar as a store employee and the day I heard that phrase it hit me… I’m going nowhere being the employee.  
Todd Allen Texas Windstorm on small house?
25 August 2024 | 8 replies
@Todd Allen I dropped my coverage after I had 3 houses flood in Hurricane Harvey and they denied my claims because Windstorm only covers water coming down, not up.
Jose Almonte Who pays for utilities?
25 August 2024 | 6 replies
Any of the utilities that are tied to the property (usually water) such that if the tenant leaves and they are not paid, you have to pay them, you need to make sure they are paid. 
Kevin Fox Value/Return Rooftop Deck/Rooftop Terrace
25 August 2024 | 1 reply
The home will already have a view of the water from the front of home and would be a superior view to the roof deck since it is on the rear of the home.  
Dalton Smith Ask a General Contractor (me) anything!
25 August 2024 | 61 replies
What’s the water pressure?  
Ben Freed Building new for STR: Unique property strategy help
22 August 2024 | 9 replies
Maxed out bedrooms and amenities for $$$ (5 bedroom, 3 bath with game room/theater and indoor pool).2.