Modules
Similarly to increasing income, decreasing expenses is an important component of increasing the NOI. In this video Rod explains a variety of strategies to do so, ranging from implementing RUBS to preventative maintenance.
Rod also takes you through an example of how cutting your turn time will drastically increase your NOI. Overall, you’ll learn a variety of strategies, some as easy as changing light bulbs and buying common maintenance supplies in bulk, which will surely decrease expenses.
In this video you’ll learn:
• Explanation of RUBS
• Strategies to decrease expenses
• Sub meter
• Bid everything out
• Reduce unit turn time
• Reduce common area electric
• Challenge/appeal your property tax bill
• Avoiding unnecessary marketing and advertising
• Preventative maintenance
- Action Step1
- Action Step2
- Action Step3
