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Results (10,000+)
James McGovern How do you identfy an agent that has successfully negotiated steep discounts on New..
26 August 2024 | 15 replies
Quote from @Jay HinrichsI carry trash bags in my car and every time I visit a job site or meet one of my clients there, they get handed one too. 
Michael Plaks Explained: How CPAs charge you (and why)
27 August 2024 | 13 replies
And if you assume that everything is automatically included, you're likely to have unpleasant surprises down the road.
Albert Johnson Shared electricity on two units
25 August 2024 | 10 replies
Funds will be automatically applied to unpaid utilities prior to rent.In the event unit #A is vacant, utility charges will be the responsibility of Tenant in unit #B with a 5% reduction of bill*, until unit #A is occupied and then billing resumes on a pro-rated portion, as described above.*5% of utility bill to be paid by Landlord while unit #B is vacant.
Joseph Beilke Bourbon and Whiskey?
28 August 2024 | 74 replies
I rented a car, made my way there and was shocked at the amount of Blanton's this guy had.  
Shannon Reynolds Fraud or no?
25 August 2024 | 57 replies
If I know absolutely nothing about cars and I take my car into a mechanic for an air filter change, if they tell me it will take 10 days to fix and bill me $1,000 for labor...that is fraud?
Albert Johnson Can I add cameras to my multi family property?
25 August 2024 | 8 replies
Although dumpster use, animal destruction and random cars is a reason and we also put it in the lease that there are cameras. 
Albert Johnson Tenant have security camera facing other unit
22 August 2024 | 9 replies
So he wants a camera on his car for safety reasons and it just happens to get the other unit in the picture....
Brandon Brown Replacing boiler and old forced air AC with Heat Pump in Chicago
23 August 2024 | 12 replies
These systems allow you to program which fuel source to use based on efficiency, automatically switching to the other source when needed.
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.  
Jose Almonte Who pays utilities?
23 August 2024 | 4 replies
Otherwise, the renters could be bitcoin mining or driving 2-3 electric cars and you’re paying for everything.