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1 July 2020 | 6 replies
It's probably good to target local investors to aid in developing a relationship in person, but there is no good reason the investors have to come only from your local area.
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13 September 2016 | 11 replies
@Jennifer Sisson Managing remotely from that distance is a high risk enterprise.
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31 December 2023 | 2 replies
Budgeted Capital Expenditures (Capex): Comparing actual capital expenditures (Capex) with budgeted amounts enables effective cost control and appraisal of the property's long-term maintenance and upgrade needs.Units Renovated Per Month & rentals on Renovated apartments: Tracking the number of units renovated each month and comparing rentals on those apartments to non-renovated units aids in determining the return on investment for renovation projects and directs future capital allocation.NOI Pro Forma vs Actual: Comparing the predicted Net Operating Income (NOI) to the actual results allows you to assess the property's financial performance, including income production, expense management, and the accuracy of early estimates.Monitoring these key performance indicators (KPIs) for your multifamily real estate assets provides significant insights into their operational efficiency, financial performance, and resident satisfaction, allowing you to make informed decisions and drive the success of their properties.📈➡️ What you don't measure, you can't manage.
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27 November 2020 | 25 replies
All my contracts encourage the sellers to contact legal aids for further clarity in presence of confusion.
18 October 2023 | 10 replies
Most common problems Account Closed are putting a band-aid on a bullet hole when it comes to repairs, trying to 'make it work' with tenants who are always a slow pay and tenants not knowing how their homes work (i.e. change AC filters, clean condensers, where water shut off is,) and things the tenants can do to avoid repairs.
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11 March 2020 | 8 replies
The posting must be placed in at least one conspicuous location in or on the building and provide tenants with, at a minimum, the following information:(1) the date the service will be discontinued;(2) the telephone number to call at the utility to obtain further information;(3) a brief description of the rights of tenants under this section to continue or restore service; and(4) advice to consider seeking assistance from legal aid, a private attorney, or a housing organization in exercising the rights of tenants under Minnesota law to maintain their utility service.A tenant or group of tenants may pay to have the service continued or reconnected as provided under this section.
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21 December 2015 | 24 replies
It is mindsets and philosophies like yours that bridge gaps, move mountains, and aid in the survival of itty bitty fishes attempting to brave predatory open ocean waters in the REI ecosystem.
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21 March 2021 | 38 replies
I'm not mad at them.....free market enterprise and all that....but when (some) folks see that in an intitial thread the peron posing a question doesn't have a picture on their profile......AND they also don't have a profile even halfway filled out, they generally don't take you as serious as others.
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8 January 2024 | 0 replies
My partner Jeff and I had decided our inter-state enterprise lacked efficiency, along with profitability.
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11 January 2024 | 6 replies
I also found these potential resources:"Housing Assistance Homeless Hotline helps tenants, homeowners, single mothers or families with children who need financial aid for back rent, and others.