RPP – 3 Tips to Increase NOI (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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