
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.

19 August 2024 | 7 replies
I would like some advice on how you've scaled your real estate business from single family properties to larger multi-family properties.
23 August 2024 | 8 replies
I design small to large scale commercial projects.

21 August 2024 | 1 reply
Are there any financing challenges that are holding you back from scaling your real estate portfolio?

22 August 2024 | 0 replies
We though we would scale up by purchasing a second.

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.

19 August 2024 | 18 replies
Will be looking to scale relatively quickly as wellif anyone is willing to talk me through the Cleveland area or what I should expect and what to go for!

22 August 2024 | 4 replies
I'm wanting to scale and add other clients to my portfolio.

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?

21 August 2024 | 30 replies
Grading/ sewer/ septic/ permitting /any subwalls ..