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Results (10,000+)
John Conlon Moving to North Carolina from NJ, worth it?
26 August 2024 | 6 replies
You can't transfer the license though, you will have to take the class and test again, but it will be easy.
Cheryl Daniels Positive lead Dust Test
21 August 2024 | 1 reply
One of my vacant rentals tested positive for lead dust.
Mary Jay What is the proper way to deal with the security dep notice if no forwarding address?
24 August 2024 | 11 replies
I am used to documenting events for forensic purposes, and have experienced judges with poor dietary habits…This is an example of going above and beyond vs interpreting (vague?)
Mason De Vries Inspection Report turn offs
25 August 2024 | 8 replies
Inspector couldnt test it out due to it being winter.
Tina Kapur Which portal to use for best comprehensive screening
25 August 2024 | 9 replies
Agreed, wanted something to get started on (not to mention that so many websites rate these background check portal and by the time I test them, they fizzle in features/functionality.
Dalton Smith Ask a General Contractor (me) anything!
25 August 2024 | 61 replies
I know it’s 4 years of work and gc test or 1 year of work and construction management degree.
SJ Farrugia Smartmove v Rentprep
25 August 2024 | 12 replies
Might have to test some other background searches and stop doing things through TransUnion.
Jaden Jung Experiences in Roofstock, Doorvest, Norada, or other "Turnkey" solutions
26 August 2024 | 16 replies
Hi Jaden,I'm not a fan of hybrid turnkey models like the companies you mention.Also, not a fan of many turnkey marketing companies.Granted, I'm bias but if anyone is interested in turnkey just go straight to the provider.Not many around these days anymore and the one's that are, have stood the test of time and are obviously solid.I think it's less riskier nowadays to invest in turnkey properties than before because all of the poor providers have disappeared and only the good one's are still around.Plus, seems like the "hands off" and so beloved syndications are going belly up so turnkey might be in fashion again.And no big deal IMO that turnkey is not completely "hands off".Is anything completely passive other than 30yr Treasury Bonds?
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.