16 September 2025 | 69 replies
Pretty much this.Scale is a function really of capital and then systems.
3 September 2025 | 3 replies
Concessions Based on ImpactAt $1,850/month (~$62/day), here’s what we’ve done in similar situations:Bathroom rehab:One bath at a time with at least one always functional → $25–$30/day credit while one is out of service.Deck replacement:If it blocks the main entrance or creates loud work-from-home disruption → $20–$25/day for those few days.Kitchen rehab:If the whole kitchen is down for several days, we’ve paid for 3–4 nights in a local hotel with kitchenette or given $40–$50/day credit.Most tenants appreciate fixed daily amounts—it feels fair and avoids negotiating every little inconvenience.3.
3 September 2025 | 9 replies
Each of these can effect revenue as it is important to achieve optimal Pricing (look to optimize the average daily rate (ADR) which is a function of rate and occupancy).
3 September 2025 | 8 replies
That's a better idea, yeah.This is my second iteration of this spreadsheet - my first iteration treated my rent price as a function of the asking price, and upon reading more I learned that that's a horrible way to think about it So, I'm making progress!
2 September 2025 | 11 replies
You don't know I got my bachelor's in business in 11 months or my MBA in 4.5, or that I live with high-functioning C-PTSD and still manage to strength train, own two businesses currently, go to therapy or take ice showers all without someone sitting by my side telling me I have to do it.
2 September 2025 | 9 replies
First, insurance often does not function great for larger claims (claims that exceed your insurance maximums) and these are generally the types of claims that have the most potential to be catastrophic because they can cause you to lose not just the property at issue, but other assets as well.
1 September 2025 | 22 replies
All of the above posts are accurate in that rent is a function of your local market; the mortgage is your own function.That being said, appraisals can vary widely.
29 August 2025 | 2 replies
adding a fourth bedroom and bathroom along with updating lighting, painting, and making a functional garage.
29 August 2025 | 6 replies
I've also been in some buildings that would require pretty significant work to the HVAC units to have the controls and such be separated and functional also.
2 September 2025 | 39 replies
I think my years as GC lent to this because the whole existence as a GC is via doing many JV's, every build and all sub's are in function JV's on the project.