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23 August 2024 | 3 replies
I'm actually a broker myself and I also have lender partners :)
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22 August 2024 | 1 reply
you need a business partner create a bizz plan and go hunting for a capital partner any sane lender would never do this.
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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.
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19 August 2024 | 8 replies
Hey Guys,I seem to get a lot of inbox msgs about doing JV deals, how I got my money partners, deal structure etc.
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23 August 2024 | 3 replies
Have you considered partnering with an experienced investor to work with you during your first flip?
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23 August 2024 | 1 reply
Hi everyone, a close friend and I are partnering up to get into real estate investing.
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22 August 2024 | 8 replies
Anyone doing any multifamily project and looking for any partners would be awesome.Thank you in Advance.
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23 August 2024 | 4 replies
Good luck, If you guys want to partner on anything let me know!
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22 August 2024 | 4 replies
(I have photos of the shower that my tenants had send me and there was no crack or holes) He is now quoting me $6k to change the pan or $9k to replace the entire pan and walls.I told him I need time to speak to my partner (husband) we call him later and he said he would call us back but never did.
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22 August 2024 | 0 replies
The video web portal will be made available to each of our partners.