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Podcast: Syndication Made Easy with Vinney (Smile) Chopra
Episode: Increase NOI at Multifamily Apartment Buildings
Description: Welcome to Syndication Made Easy with Vinney Chopra! Mr. Chopra explains the importance of NOI (Net Operating Income) and how to increase the net operating income. He also explains how NOI is different from net operating cash. The total rental income should be as close to the market rent as possible. Occupancy is key, and if you are buying 97% means you need to bring up the rent to match the current market rent. There are several value plays where the current owner was not operating the property the right way. By increasing amenities like dog wash, valet...