DeAndre Mason
Cash out refi
4 September 2024 | 3 replies
They usually have simulators that will tell you how much you need to pay off on a particular debt to accomplish a particular point gain on your credit rating.
Peter Firehock
Reston Virginia (Washington D.C. Suburb) Buy-and-Hold Thesis
4 September 2024 | 0 replies
*Lake Anna, Reston Virginia*Originating in 1990, The Reston Town Center is a major employment and entertainment hub in the area, with companies such as Google, Leidos, Facebook, Microsoft, General Dynamics, and Fannie Mae, to name a few, more than 50 retailers, including an 11 screen LOOK Dine-In Cinema, CitySwing (Golf Simulator), a seasonal ice rink, many well-renowned restaurants and bars, and other highly attractive amenities such as a full service 243 bed hospital, a new metro, and the Dulles International Airport that is receiving $700 million renovations by 2026*Reston Town Center*Source: Rediscovering Reston-- the First Planned Community in the USSource: Washington Dulles International Airport to Expand Passenger and Cargo OperationsOne of the biggest points of discussion over the last few years has been around the office market, and how the rising office vacancies due to the shift towards a work-from-home and hybrid work schedule have pushed many companies to downsize or relocate out of previously major employment centers.
Kyle Kurt Gabriel Smith
PhD Scientist/Builder looking to connect with the BiggerPockets community!
1 September 2024 | 8 replies
I suppose the mathematical formulation of an approximate quantum dynamics algorithm for the simulation of large scale molecular systems, which has been used and cited by people all over the world, including a research group at Cambridge may fit the definition of renound...
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.
Alex Silang
Should I wait a year for lower interest rates to buy something? Why buy now?
9 August 2024 | 4 replies
I feel like too many treat this sort of question like it is a simulation or a spreadsheet.
Albert A.
Is House Hacking in California feasible with traditional financing?
2 August 2024 | 15 replies
I think I have a decent grasp on how to calculate all the expenses and simulating potential gross income, including potential cash flow.
Marcus Auerbach
Investors be ready: AI is changing our world faster than society can adapt
20 July 2024 | 28 replies
They can learn how to do physical tasks like assembling a product by trying it a billion times inside a simulation until they have mastered it.
Sung H Kim
Golf Driving Range Business from start up
18 June 2024 | 12 replies
Not the indoor simulators but the full blown driving range.
Eric Lind
Mortgage Lender tells me to not pay full credit card balance?
17 June 2024 | 16 replies
The lender could try running a what if simulator.
Cory J Thornton
Is the need for affordable housing creating new markets?
18 June 2024 | 83 replies
Then they need massive R&D (either in Fremont, Austin or Bangalore doesn't matter), they also need fabrication, and then they buy more GPU to simulate FSD.