Timothy Lin
Trading up in rental property
28 August 2024 | 2 replies
The reasoning, as I remember, was some combination of 1031 exchange, increasing ROE, and leverage.Does anyone have a good resource or explanation summarizing the logic?
Jeremiah Cotner
Multi-Use New build with resturant
28 August 2024 | 2 replies
We wanted come up with a way to combine them which is a gray are in this particular zoning area.
Cheng Bin Zhang
How to ADU in Massachusetts
28 August 2024 | 5 replies
Electric stove, dryers, water heaters, and high-efficiency Mitsubishi heat pumps.
Jerome Morelos
MTR Income Loan Qualification
30 August 2024 | 15 replies
The medium-term rental (sometimes referred to as mid-term rental) is an investing strategy that combines elements of short-term rentals and long-term rentals.
Emory Clayton
Should I rent to this tenant?
22 August 2024 | 9 replies
They are wanting the utilities to be included, along with washer/dryer, however as stated in the listing, and repeated to them, the house is not furnished and only offers washer/dryer hookups.
Derek Bennetsen
Ashcroft Capital Syndication
30 August 2024 | 38 replies
You have prepared financials, and can learn about the strategy and performance of the properties based on many years of combined knowledge that the syndication has, in this case Ashcroft.
Cody Sears
Creative ways to increase income/ROI
23 August 2024 | 11 replies
Also, don't overlook the simpler ways of adding value like adding a washer and dryer to a unit or other amenities a deal might not have.
David Butler
Real Estate Rookie podcast episode 449 feedback
27 August 2024 | 6 replies
From her explanation, it sounds like she looked at her overall situation and declaring bankruptcy was her best course of action.
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.
Tyra General
The Best Commercial Real Estate Investing Course???
29 August 2024 | 38 replies
My free mentor has been worth more to me than all the other stuff I bought - combined.