
23 August 2024 | 1 reply
The early underwriting might be easier but then after that it boils down to if you pay there are no issuesPrivate money will not screw around typically if it’s ind default and move much quicker than a bank would

23 August 2024 | 11 replies
Establishing relationships with local real estate agents who specialize in investment properties can be incredibly beneficial.

24 August 2024 | 18 replies
I have a lot more volume, but it makes it easier to review as I also have a FT job.

27 August 2024 | 43 replies
I have a program that is up to 90% of rehab and 100% of rehab that is much easier to qualify for with out any junk fees.

25 August 2024 | 21 replies
Seems like it would solve the problem and the turnarounds would be easier.

25 August 2024 | 57 replies
That and the incredibly low cap rate in '22.

23 August 2024 | 3 replies
The upside is I can manage the renovation much easier, and for my first reno, it will be much easier to have a local property.

22 August 2024 | 2 replies
Navigating the zoning requirements, dealing with Maryland Historical Trust limitations on what can and can’t be done to the property, and the financial burden of renovating the property to meet these standards have left us trying to figure out the best strategy so the property doesn’t just sit unused.If we decide to sell, we anticipate pricing it at around $70-$80 per square foot, which is an incredible deal for a property of this nature.We’re reaching out to see if anyone here might know of potential buyers interested in this unique opportunity.

24 August 2024 | 5 replies
Hard surfaces like LVP, tile, hardwood are easier to maintain long term and tend to last longer. 2.

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.