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Results (10,000+)
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.  
Reitta Seidel Fix-and-Flip Market Trends
22 August 2024 | 4 replies
Is it still a good time to invest in the last quarter of 2024?
Cody Sears Creative ways to increase income/ROI
23 August 2024 | 11 replies
You can increase income by adding additional "rental units" whether that being an ADU, garage conversion, renting out extra living quarters, renting by room, etc. 
Michael D Kaminski How to Supervise my Property Manager?
23 August 2024 | 21 replies
It shows you're committed to growing your investment, and that’s exactly what a good property manager (PM) should be helping you with—they are stewards of your hard-earned money.I would suggest approaching the conversation like this: “Hey, I’ve noticed that maintenance expenses this past quarter seem a bit higher than usual.
Bob Willis Private Lending vs Syndication - looking into both
23 August 2024 | 10 replies
As an LP in syndications your work is very minimal (review the deal up front, read quarterly update).  
Eric Sato Just moved back to USA - what comes first (STR or my own personal residence)
22 August 2024 | 10 replies
Our guests have their own entrance and are totally separate from our living quarters, and we still enjoy more than 1,000 square feet of our own space.
Alberto Solis DST 1031 Exchanges seem primed for Sponsor success while minimizing Investor security
22 August 2024 | 16 replies
Besides the quarterly payments, what has the appreciation really been like after disposition, given all the fees DSTs take. 
Eduardo Perez-Borroto New Real Estate Investor to Columbus
20 August 2024 | 15 replies
We also host a quarterly meetup.
Carl Rowles Our first SFH! Section 8?
19 August 2024 | 6 replies
I would also try especially in the beginning at least quarterly to complete some routine maintenance and make sure the house is being taken care of properly. 
Elaine Goepfert PLEASE HELP...being foreclosed on because property is upside down
20 August 2024 | 81 replies
. :) WE pulled it off and I was pretty proud of my negotiating skills against wells.. but it was running up on a quarter reporting end and I guess they just really needed that loan off the books..