Sydney Barrett
Lowering my operational expenses
I'm interested in how people are having success in increasing the margins that they make on rentals. I manage my own properties and I'm looking for some tips and tricks to do that more efficiently.
Gp G.
lower expense ideas on property
What are best lower expense ideas on your property you are following.How much property insurance is reasonable on 150k SFH in Atlanta area per month. Is 100$ per month is too much for insurance? Any other areas where ...
Jorge Abreu
📉Lowering Expenses and Increasing Efficiency
The importance of lowering expenses and increasing efficiency to maximize property income. How? Implementing water-saving initiatives is a smart way to reduce utility costs. By exploring options for cost-effective uti...
Account Closed
Energy efficiency to lower your operating expenses
Do you have a multi-unit commercial property where you're in charge of the electric bill? Are you looking for ways to extend the life of your property while making a 30% ROI? Have you considered updating the lights, c...
Disia Page
Lowering Expenses or Cash Flow or Both???
I recently wrote a post about wanting to house hack in Socal to lower my living expenses and I received a lot of great feedback and advice. I am also just as interested in buy and hold investments in the Cleveland mar...
Rich Ramirez
Optimizing properties - lowering the 50% expense rule/guideline
Hi BP Community:
I'm looking for some of your best practices around lowering the expense ratio for units/SFRs. Let me (us) know what has worked/what hasn't worked.
Thanks,
Rich
Zackarias Aitchison
What upgrade would lower the expense cost the most?
Hey!I have a 5-Unit building up here in Canada. It goes to about -25C (-13F). I have the opportunity this spring to make a property-wide upgrade. Would you say would be the three must do renovations that help reduce m...
Tonga Nfor
Are expenses lower for multifamily or single family rentals?
I have mostly invested in small multifamily residential buildings 5-20 units. Typically used 45-55% of rental income as expenses (mortgage) when doing my quick & dirty math.I’m now considering single family & ...
Ben Leybovich
Lowering Expenses Is Not an Efficient Value Add Strategy
Say you’ve bought a 24-unit apartment building that generates $24,000/month in revenue ($1,000 per unit). This is a value-add, and you think you can improve the rents from $1,000 to $1,400, which would equal to revenu...
Steve Rugg
Underwriting advice during COVID19
Does anyone have deals that were put in escrow before the COVID stuff and are now either canceling or renegotiating? We have a good (not great) deal in escrow on a 40+ unit complex. It was a value-add opportunity, wit...