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7 February 2023 | 1 reply
Here are some ways to increase cash flow from your properties:1.Raise rent: Regularly reviewing and increasing rent can help increase cash flow from your properties, but it’s important to ensure that the rent remains competitive and in line with the local market.2.Improve property management: Hiring a professional property management company can help streamline operations and increase efficiency, freeing up more cash flow.3.Increase occupancy rates: Increasing occupancy rates through effective marketing and tenant retention strategies can increase cash flow by reducing the amount of time the property is vacant.4.Implement energy-efficient upgrades: Making energy-efficient upgrades, such as installing energy-saving appliances or adding insulation, can help reduce utility costs and increase cash flow.5.Implement a preventative maintenance program: Regularly maintaining and repairing properties can help reduce the costs of major repairs down the road and increase cash flow.6.Diversify your portfolio: Diversifying your portfolio by investing in multiple properties in different geographic locations and markets can help reduce risk and increase cash flow.7.Refinance: Refinancing your properties can help lower your monthly mortgage payments, freeing up cash flow for other expenses or investments.By implementing these strategies, you can increase the cash flow from your properties and achieve a higher return on your investment.
29 June 2018 | 8 replies
Great for electricity - for gas and water, you'd probably have to take the monthly bill and divide that by the number of occupants in each unit.
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30 January 2018 | 21 replies
The new owners (both investors and owner occupants) bring fresh ideas and also money to the neighborhood that has been stagnant for a very long time.
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29 November 2017 | 5 replies
The number of occupants must be in compliance with HUD standards/guidelines for the applied unit.
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25 May 2014 | 12 replies
Get preapproved, make the offer preferably during the owner occupant only period.
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2 June 2014 | 4 replies
What do they see them selling for per unit, what is the market occupancy rate.
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18 February 2020 | 6 replies
Being an owner occupant, you have access to some homes before investors. 3.)
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15 February 2023 | 11 replies
It seems like open houses are dying, even for the owner occupant buyers... change my mind!
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13 September 2023 | 13 replies
The application that I use is very thorough, asks for occupation, who will be living there, cars, etc.
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23 January 2020 | 8 replies
What is the occupancy rate at the properties you currently manage?