

RPP - 3 Tips to Increase NOI (most important letters in multifamily)
RPP - 3 Tips to Increase NOI (most important letters in multifamily)
Rand Partners Podcast - 3 Tips to Increase NOI: The 3 Most Important Letters in Multifamily
Key Information:
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Net Operating Income (NOI)
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Other Income
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Move-In Fees- Non Refundable fee to move-in
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RUBS - Billback system for utilities
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Late Payments
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Application Fees - to screen tenants
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Expenses
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Garbage - Negotiate and call local vendors
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Marketing - Find cost-efficient indicators (Internet ads vs Print Ads)
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Cable contracts - Remove
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Daily Key Performance Indicators
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Delinquency
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Vacancy
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Previous Month’s NOI
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Rand Partners Podcast - 3 Tips to Increase NOI: The 3 Most Important Letters in Multifamily Key Information: Net Operating Income (NOI) Other Income Move-In Fees- Non Refundable fee to move-in RUBS - Billback system for utilities Late Payments Application Fees - to screen tenants Expenses Garbage - Negotiate and call local vendors Marketing - Find cost-efficient indicators (Internet ads vs Print Ads) Cable contracts - Remove Daily Key Performance Indicators De...
Rand Partners Podcast - 3 Tips to Increase NOI: The 3 Most Important Letters in Multifamily Key Information: Net Operating Income (NOI) Other Income Move-In Fees- Non Refundable fee to move-in RUBS - Billback system for utilities Late Payments Application Fees - to screen tenants Expenses Garbage - Negotiate and call local vendors Marketing - Find cost-efficient indicators (Internet ads vs Print Ads) Cable contracts - Remove Daily Key Performance Indicators De...
Jake Stenziano and Dylan Marma discuss the top 3 tips for performing due diligence. Key Information: Walk Every Unit Prevents sellers hiding shell units that could be staged as occupied or used for storage Verify upgrades in the units Snake the drain lines Snaking the drain is recording the path and see if there are blockages in the drains Prevents major capital expenditures Snake 50-75% of the drain lines Get Drone Footage Can pinpoint soft spots in the roof Great footage for marketing packe...
Jake Stenziano and Dylan Marma discuss the top 3 tips for performing due diligence. Key Information: Walk Every Unit Prevents sellers hiding shell units that could be staged as occupied or used for storage Verify upgrades in the units Snake the drain lines Snaking the drain is recording the path and see if there are blockages in the drains Prevents major capital expenditures Snake 50-75% of the drain lines Get Drone Footage Can pinpoint soft spots in the roof Great footage for marketing packe...
In this episode, we share our top 15 ways to grow the NOI on your multifamily investments. Some of these ideas are less traditional than others but all have contributed to our rapid growth. If you're not growing you're dying! In this episode you'll discover: -How we add additional apartments -Laundry revenue -Storage sheds -RUBS! -Application Fees -Renters Insruance -Move In Fees -Short term rentals -Cable contracts -And much more!
In this episode, we share our top 15 ways to grow the NOI on your multifamily investments. Some of these ideas are less traditional than others but all have contributed to our rapid growth. If you're not growing you're dying! In this episode you'll discover: -How we add additional apartments -Laundry revenue -Storage sheds -RUBS! -Application Fees -Renters Insruance -Move In Fees -Short term rentals -Cable contracts -And much more!
Episode 8 of the Wheelbarrow Profits series: Rand Partners Podcast where we provide a quick hit of Multifamily education weekly! Jake Stenziano and Dylan Marma host this sub-series which is designed to educate you in a short period of time, whether on the subway, driving to work, or on a jog. We’ve created this series to give actionable content that is quick and to the point.
Episode 8 of the Wheelbarrow Profits series: Rand Partners Podcast where we provide a quick hit of Multifamily education weekly! Jake Stenziano and Dylan Marma host this sub-series which is designed to educate you in a short period of time, whether on the subway, driving to work, or on a jog. We’ve created this series to give actionable content that is quick and to the point.
There are four stages to becoming a millionaire real estate investor, and if you can't conquer the most important thing... you don't have a chance. Your financial future is in serious jeopardy if you ignore thee MOST important thing!
Get your free real estate investing course at http://FreeRealEstateInvestingCourse.com
Learn more about your ad choices. Visit megaphone.fm/adchoices
There are four stages to becoming a millionaire real estate investor, and if you can't conquer the most important thing... you don't have a chance. Your financial future is in serious jeopardy if you ignore thee MOST important thing!
Get your free real estate investing course at http://FreeRealEstateInvestingCourse.com
Learn more about your ad choices. Visit megaphone.fm/adchoices
Value-add strategies are popular for apartment investing. Adding value to apartments usually consists of renovating interior units. However, these upgrades are not the only way to add value for multifamily. Since value is determined by the net operating income or NOI, anything that increases the NOI is adding value. Besides rental income, you can generate other income from fees, amenities, and services such as application fees, laundry income, party room rentals. Todd Thorpe runs MDU Consul...
Value-add strategies are popular for apartment investing. Adding value to apartments usually consists of renovating interior units. However, these upgrades are not the only way to add value for multifamily. Since value is determined by the net operating income or NOI, anything that increases the NOI is adding value. Besides rental income, you can generate other income from fees, amenities, and services such as application fees, laundry income, party room rentals. Todd Thorpe runs MDU Consul...
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responsible homeowners must be on top of every element of their homes. use a home inspection as an opportunity to get to know your future home in detail. By following the inspector around, you can better understand the home and ask questions on the spot. If you can't attend the inspection, review the inspector's report carefully and ask about anything unclear.
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The post The Most Important Things To Consider When Buying A House appeared first on FortuneBuilders.
Key Takeaways Factors to consider before buying Important house features to consider Consider the alternatives When mulling over the things to consider when buying a house, the process can become increasingly daunting. There are, after all, a lot of things to consider when buying a home. For starters, American economists have scrutinized mortgage interest rates... View Article
The post The Most Important Things To Consider When Buying A House appeared first on FortuneBuilders.
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