Jason R.
Banks willing to open accounts for a cell in a Series LLC?
27 August 2024 | 18 replies
I knew about the DBA method which seems to work fine, but this would probably make it much easier for the banks not to push back when they're unfamiliar (which almost all personal bankers seem to be like you mentioned).
Karolina Powell
Last minute lending nightmares
26 August 2024 | 17 replies
So closing had to be pushed back to this week.
Mila F.
We only approve fixed dogs/cats. Are we supposed to exempt ESAs from this rule?
29 August 2024 | 33 replies
I rarely have anyone with a fake one push past that.
Levi Perl
Realistic to raise rents from $825 to $1150?
26 August 2024 | 14 replies
Others may push back and give you a bad rap (tenants talk).The last thing is look into state and local laws to see if you can even raise rent by that much.
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.
Chuck E.
Tenant Complains AC Not Cooling to 68 degrees, Outside Is 114 degrees
26 August 2024 | 44 replies
(sigh)-> R22 is/was a good refrigerant ... sad to see that it's gotten pushed "out."
Stephen Lynch
Long term mortgage or keep it in the HELOC
25 August 2024 | 13 replies
I’d recommend pushing to get that or get the city involved to revoke their license, both of these firms.
Steven Westlake
Event hall as a rental ????
20 August 2024 | 64 replies
Everywhere is now requiring commerical hoods and hand-washing and the rest even in church kitchens.
Ani Chat
PGE requiring separate metering but CA ADU requirements says otherwise
23 August 2024 | 10 replies
Feels like I am being pushed from one desk to another and not getting a clear answer What did you all end up doing?
Dalton Smith
Ask a General Contractor (me) anything!
25 August 2024 | 61 replies
That is why I am making the push to move into investing.