The property management company you hire should do everything it can to increase your investment’s net operating income (NOI). Just getting by is not good enough. You want to increase your property’s value, and there are several ways a property management company can...
The real estate market in Columbus is ripe with opportunities for investors looking to expand their portfolio to include single-family or multifamily rental properties. For new investors and existing property owners alike, the rental market presents a steady source of...
NOI, or net operating income, is a measure of profitability for investment properties. It’s calculated by using the following formula: Net Operating Income = (Gross Operating Income + Other Income) – Operating Expenses NOI is an essential metric for real estate...
Don’t chase a unicorn. Make a plan, instead. Here are 5 smart decisions you can make today to boost your rental property’s net operating income (NOI) and experience less stress and anxiety along the way. 5 Ways to Increase NOI Ensure rent rates are in line with the...
Choosing to sell your home or rent it out for income requires you to make a financial calculation, but more than that, it also requires you to make some emotional decisions. Before sitting down with a spreadsheet to run the numbers, first have a heart-to-heart with...
Predicting cash flow on a rental property requires you to make certain assumptions about income and expenses. Whereas predicting income can be more straightforward, understanding expenses can feel rather ambiguous. We often get asked if there is a good rule of thumb...
