Jake and Gino Multifamily Investing Entrepreneurs
Business:Investing
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
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