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: 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 Delinquency Vacancy Previous Month’s NOI Invest with Rand Partners Follow Us on Instagram @Randpartners Follow Us on Facebook @Randpartners

Episode 56 of the Jake & Gino: Real Estate Investing & Multifamily podcast, hosted by Dylan and Jake, titled "RPP - 3 Tips to Increase NOI (most important letters in multifamily)" was published on July 17, 2019 and runs 12 minutes.

July 17, 2019 ·12m · Jake & Gino: Real Estate Investing & Multifamily

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Summary

Episode Description

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
- Delinquency
- Vacancy
- Previous Month’s NOI

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About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com.

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