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24 April 2018 | 240 replies
They are not going to be real interested in your "value add" or your increased NOI because you kicked out the laundry vending company, bought your own machines and doubled your monthly laundry reciepts...
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21 July 2020 | 6 replies
Is there some sort of small "vending machine" that would accept quarters and drop out the Keurig cups?
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26 May 2020 | 2 replies
Depending on the size of the property, you could add vending, laundry, and other services.
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7 December 2023 | 27 replies
Consider all the amenities provided - the parking lot, the building, the rooms, vending and ice machines, bedding, towels, linens, toiletries, etc.
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16 March 2023 | 24 replies
When first starting out on this journey, you only need to know two things, you need to know the actual NOI and market Cap Rate of the property to determine if you have a deal.How to figure an apartment’s NOIThe first step to determine NOI is to calculate Total Income.Total income is simply the total of all income streams from the property for the year and can include:• Rents from the apartments themselves• Laundry and vending machines• Parking fees• Late fees• Any other incomeFor a simple working example, let’s say that we’re looking at a 100 unit complex where every unit rents for exactly $1,000 per month – ha ha, wouldn’t that be nice?
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9 August 2019 | 103 replies
One had a vending business and the other a computer business while going to college because school was what the PARENTS wanted.