Cameron Fowler
Out of State Investing Locations
28 August 2024 | 32 replies
The city's diverse population and economic stability, thanks to major industries like logistics and healthcare, also play a big role.Memphis offers attractive rental yields and a vibrant cultural scene, making it a great place for both renters and investors.
James McGovern
How do you identfy an agent that has successfully negotiated steep discounts on New..
26 August 2024 | 15 replies
Things like wrong brick or brick color.
Michael Baum
Deep Theme Design Trends
25 August 2024 | 11 replies
So is the brightly colored over the top places.
Lawrence Barnes
Roof on house Flip Question
25 August 2024 | 8 replies
Shingle manufacturers change their colors every 5-8yrs, so you should be able to find the same matching shingle and blend it into the existing.
James J Canull
Washington Blvd Cosmetic Flip
24 August 2024 | 2 replies
The kitchen cabinets were three different colors, so I knew unifying them would help visually.
Corey Dutton
Are 100% Financing Loans for Rehabs a Scam?
27 August 2024 | 43 replies
Specifying colors, tile, cabinets or anything else in a rehab is directing the borrower.
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.
Ty M.
Investing in US markets
19 August 2024 | 16 replies
If any one has experience with this it would help (Mainly the lending process) Toronto is a vibrant city with lots of renters but it’s also expensive and renters have more rights than landlords.
Rob Bergeron
State of the Market- August
21 August 2024 | 0 replies
Coupled with Louisville’s vibrant cultural scene, which includes the Kentucky Derby, the Muhammad Ali Center, and a burgeoning culinary landscape, it’s no wonder the area continues to attract both new residents and tourists alike.Tax Advantages: A Game-Changer for BusinessesAs if these economic drivers weren’t enough, Kentucky has recently made a bold move by eliminating income tax.
Mathew Fuller
House Hacking / investing in Fort Collins
20 August 2024 | 4 replies
House hacking in Fort Collins allows you to offset mortgage costs, build equity faster, and potentially generate additional income, all while taking advantage of the city's vibrant rental market.