Podcasts about Occupancy

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Best podcasts about Occupancy

Latest podcast episodes about Occupancy

FirstTech Podcast
Centrelink assessment of renting rooms, self-contained areas or dual occupancy

FirstTech Podcast

Play Episode Listen Later Nov 16, 2022 23:02


Craig Day and Kim Guest discuss the Centrelink assessment of the principal home when a client rents out rooms in their home, a self-contained living area or another residence on the same title as their principal home. Hosted on Acast. See acast.com/privacy for more information.

Living Off Rentals
#143 - 90% Occupancy $165 a night on a turn-key affordable Airbnb in Florida - Beth Soto

Living Off Rentals

Play Episode Listen Later Nov 9, 2022 51:38


Wanting to help her husband retire for good and provide for her family, Beth Soto learned the ins and outs of short-term rentals.  Now, she graces this episode of Living Off Rentals to discuss the biggest surprises she's encountered during her first deal, the lessons she gained from her experience and the wisdom she hopes to pass along to aspiring short-term rental entrepreneurs. Key Takeaways: [03:27] Beth shares how her desire to help her husband re-retire and earn more money for the family became the motivation to dive into the world of short-term rentals. [07:50] She expounds on the initial goal of leaving the 9-5 and understanding the financial impact of gaining cash flow from short-term rentals. [10:39] What was the biggest surprise that Beth encountered from this business framework? [15:17] The considerations Beth assesses before deciding which type of property to buy. [22:25] Projections, numbers, and targets - how does she achieve a 90% occupancy rate? [30:15] What type of financing did Beth obtain to get started with her flips? [34:16] The lessons she's gained from her experience and what she's looking to incorporate in the next part of her journey. [40:28] Beth expounds on why interior designing is finding the right people and connecting with them. [41:58] How natural disasters impact AirBNB bookings and what she does to accommodate customers and protect the property. [48:42] The single piece of advice Beth shares with aspiring short-term entrepreneurs.  Guest Resources:Website - https://www.coastalpeachinteriors.com/ Gmail - coastalpeach.interiors@gmail.com Show Resources:90-minute Live Masterclass Registration - https://www.livingoffrentals.com/start Show Links: Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals Living Off Rentals Website -www.livingoffrentals.com Living Off Rentals Instagram -www.instagram.com/livingoffrentals Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals  

Bridge the Gap: The Senior Living Podcast
CW 129: Executive Coaching: Solving the Occupancy Puzzle with Julie Podewitz

Bridge the Gap: The Senior Living Podcast

Play Episode Listen Later Nov 9, 2022 21:27 Transcription Available


Solving the Office Puzzle: What watching The Office can teach us about senior living sales. During this series Julie Podewitz takes a deep dive into how to solve the occupancy puzzle by identifying the problem, determining strategy, what actions to take, and how to get there.These episodes narrow in on a key area of the occupancy puzzle, what contributes to the outcome, what action to put in place, and how to coach others. In today's episode on empathy, Julie Podewitz dives into the fictitious office of Dundar Mifflin from television's, "The Office."Catch the Fall Issue of the BTG Magazine here.Meet the BTG Contributors.Powered by Peak Senior Living by Functional Pathways.Connect with us on social media:YouTube InstagramFacebookTwitterLinkedInTune in each Wednesday for a new episode of the Contributor Wednesday series! Visit our website for more episodes and information at BTGvoice.com.Produced by Solinity Marketing.

Vacation Rental & Airbnb Mastery
What Is the Average Occupancy Rate on Airbnb? How Much Does One Listing Earn? What to Expect as an Airbnb Host in 2022.

Vacation Rental & Airbnb Mastery

Play Episode Listen Later Nov 1, 2022 7:54


Subscribe to John's weekly newsletter for free resources and exclusives.What is the average occupancy rate on airbnb?How much can I earn with one airbnb listing?Learn about what kind of occupancy rates to expect on airbnb and what is actually realistic (although this podcast will teach you how to defy 'normal' expectations with awesome operations and marketing)....

Real Asset Media Thought Leaders
Student occupancy back to pre-pandemic levels: Bonard

Real Asset Media Thought Leaders

Play Episode Listen Later Oct 31, 2022 1:03


How to Scale Commercial Real Estate
How To Best Position Your Capital for a Recession

How to Scale Commercial Real Estate

Play Episode Listen Later Oct 29, 2022 20:27


Mark Khuri brings over 17 years of real estate investing experience to the organization. His career started in 2005 when he began investing in residential real estate in California and Florida. Throughout his career Mark has been involved in sourcing, underwriting, acquiring, raising capital, rehabilitating, managing, and selling both residential and commercial investments throughout multiple markets in the US.   Mr. Khuri has analyzed thousands of investment opportunities and has successfully bought, renovated, sold, and invested in over 120 properties with a combined value of over $1 billion and created and managed over 60 real estate partnerships with investors. [00:00 - 06:03] How to Keep Your Affordable Housing Strategy on Track Mark Khuri has been working in finance and operations roles for a number of years. They started investing on the side, primarily in foreclosures and short sales during the pre-recession period They are a private equity group that raises capital from investors and invests in larger institutional-quality investments The company's latest investment is a 215-unit building in Houston that is 99% occupied and will be lowered in rent over a year.   [06:04 - 11:50] Partnering and Risk Reduction   This process involves partnering with an investment group that is specialized in this area and getting to know them well. Once the partnership is formed, the owner can then access deals that are tailored to their specific needs. Partnership with the housing authority in the local region Getting the tax exemption approved prior to closing is a process that needs to be finalized   [11:50 - 17:24] Advice for Cash Flow Investors: Be Selective and Stress Test Your Deals   Mark Khuri and his team waited and analyzed tons of data internally and externally  They look up if their tenants stay in pay or if there's going to be distress in the properties they managed. That pivoted to saying no to a lot of opportunities for a number of months in late 2020. They started realizing, just by looking at the data and the metrics that there's a high demand for affordable housing and for apartments.   ----------------------------------------------------------------------------------   Tweetable Quotes:   “We started realizing, just by looking at the data and the metrics that there's a high demand for affordable housing and for apartments and mobile home parks. And not just from residents, but also from investor groups who we typically sell to,  So is watching our exit and the demand for our product going up or down. we saw pretty favorable trends at that point.” - Mark Khuri   Connect with Mark Khuri by visiting https://smkcap.com/ or emailing him through info@smkcap.com Connect with me:   I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook   LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: [00:00:37] Sam Wilson: Mark Khuri has been an avid real estate investor for the last 17 years and throughout his career he's been involved in residential and commercial investments throughout multiple markets in the us. Mark, welcome to the show. Thanks, Sam. Good to be back. Absolutely. The pleasure is mine. Mark, I know you've been on the show before, but just for listeners may that maybe didn't catch that last episode, can you tell me in 90 seconds or less, where did you start? Where are you now and how did [00:01:01] Mark Khuri: you get there? Sure. Yeah. Started as a financial analyst working in corporate America for a number of years. Lots of spreadsheets, analysis, budgets, Planning, moved over to a operations role and different company. Those two kind of meshed well with real estate investing. Started investing on the side, Sam, like a lot of people do after work, going to Home Depot, renovating. Hell's Hacking, you name it. That was all pre 2008 recession. And then we started seeing a lot of discounts in the market, investing predominantly in foreclosures, res short sales all cash buys, that kind of thing. And then fast forward, we wanted to expand and diversify into commercial real estate. We did that, you know, started about 12, 13 years ago in, in that space. And, Now, today, where we at, we like to focus on affordable housing. It's kind of our biggest investment strategy, asset class, mobile, home parks, apartments, self storage, a lot of re recession resistance. Sam, that's our, our focus today. So we've evolved. We're a private equity group. We raise capital from our investor group and invest in larger commercial institutional quality investments. [00:02:12] Sam Wilson: I love it. That's a lot of moving pieces there in, in what seems like probably a very short period of time. I do wanna focus in on you. You mentioned affordable housing and that sounds like that's part of a key part of your strategy [00:02:26] Mark Khuri: right now. Definitely, and, and I'll expand a bit on that term cuz it can be used a few different ways. But essentially, you know, in the mobile home park space, for example, we're providing housing, which is usually the, the, the least the lowest cost, right? The most affordable option. We believe in that is a long term trend and thread where, where we can have a consistent growing demand for that product. And then also in apartments, you know, we're typically looking Sam. Growth markets where there's a lot of data and numbers showing long term trends South, southeast, Texas, et cetera. Love those markets. But we're looking for apartment buildings, Sam, that are usually well afforded by the local area, meet and income. And so there's a, a formula there, there's a way to do the math and making sure that the local population can't afford the rent. And that's, that's a big part of our focus. [00:03:17] Sam Wilson: How, how do you find an existing complex and keep it in the affordable, affordable range, and yet still provide returns to your investors and to yourself? [00:03:30] Mark Khuri: Yeah. So, well, as far as finding goes, almost all of our deals come to us from relationships that we have in the industry. They're usually private sometimes off market. Hey, Mark, we got a live one. Are you and your company or family interested in, in co-investing with us, partnering with us, that kind of thing? For the, the equity in the deal? And so we're always looking at deals. Sam, usually 10 to 20 a month. We invest in about five to seven a year, give or take. Wow. And so it's just a filtration process. We know exactly what we're looking for. It's hard to find, but when we find it, we're ready to go. Right. So as far as the affordability portion goes our latest deal in Houston, for example, is a, a 215 unit building, Sam, it's 99% occupied. Hmm. What we're gonna do once we acquire it next week, we're scheduled to close we're gonna keep 50% of the units afford. . And so that means we're going to actually lower the rents over the period of about a year and allow for people in the community to be able to afford that unit, right? And, and the other half will stay at market rate. And so there's a, a very specific strategy here, Sam, where we can increase the affordable housing, the local region. And also, you know, do well as investors. And that, that portion comes a lot from this strategy where there's a property tax exemption. Mm. And so the property for, you know, in return for keeping half the units affordable, we get a exemption on property taxes. And so that reduces our expenses as we hold the asset and then creates a, a very attractive return for investors while also of course, Increasing affordable housing, which is much needed in the region, [00:05:10] Sam Wilson: is a, When you get that property tax exemption, is that a dollar for dollar typically exchange as you underwrite it where you're like, Okay, hey, we're gonna, we're gonna reduce rents, which is, I just haven't met anybody else, I think on the show that said, when a part of our plan is to lower rents once we acquire an asset, kind of funny, but once you, once you, once you lower those rents, let's use an example, say a hundred bucks a. Are you then able to exactly set that off by, or offset that by the dollars that you're saving on the property tax exemptions? And if so, how do you, how do you ensure that you get that kind of process to work before you close? [00:05:48] Mark Khuri: Sure. Yeah. Uh, So. It's not dollar for dollar. There's usually a benefit to us as the owner and investor. And so to put it in, in perspective, I'll give you an example. Like the latest deal we're projecting to lower the rents by about $217,000. Annually and we're gonna have about a million dollars in tax savings. Wow. So that it offsets it and it creates positive cash flow. It reduces our expenses pretty significantly. Sam, which is obviously reducing risk. And so that's. That's usually the offset. That's not always that simple. There's a lot of movement parts here. It's a partnership with the housing authority in the local region. And so there's a lot of legal paperwork, documents structure, and then of course getting the tax exemption to be approved prior to closing. [00:06:37] Sam Wilson: How do you, how when you, I mean, getting to the point where you have accepted offers, you know, all those things, putting, putting, you know, earnest money down. It seems like this would be part of the equation that you'd really want to have firmed up before you get to that state. Is that the case or is this kind of a one, Would it just, When it happens, it happens in the process, I [00:06:58] Mark Khuri: guess. Now you, you got, you gotta know what you're doing. Well, well said. So, yeah. Yeah. This is a, a process for us where we we're partnering with an operating partner, Sam, which is our business model, where we source and, and identify and partner with other investment groups that are specialists in one thing, Right. Get to know him, like him, trust him, invest with them and then. We get access to these kinds of deals. And so they are experts in this space. This is where they focus daily. They have, you know, 65 staff, just their headquarters, several hundred more across the properties, large firm, a few billion of assets under management. And so that, that type of pedigree Sam comes with these types of, I call it more unique, favorable for creating a win-win type of investment. And they, they're experts at the process and the structure done it many times before. And so we come in and we, we underwrite, we evaluate, we ask a ton of questions. We structure the deal from an equity perspective as well internally where we can go out to our investor group and say, Hey, we really like this deal. Here's why. Here's how we're gonna do it, and here's how you can participate if you're interested. So that, that's kind of how it all works. But from the acquisition standpoint, like, yeah. Condition of closing is to make sure that this is all signed and agreed on prior to re-closing on the property. [00:08:15] Sam Wilson: Right, right. No, I love that. I love that. That's a very, it's a unique strategy in a way to add value to a property. You know, that probably not everyone, actually, everyone's not employing. So I love I love the thought process there. Is there a particular. Type of apartment complex that you have to do this in? Or is it, you can take anything and do it? Like what's the, what's the buy box look like on the asset? [00:08:43] Mark Khuri: Yeah. Well there's a couple ways to kind of decipher how and where to do this, right Sam? So we like Texas. There's pretty high. Property tax rate there, the millage rate, you know, two and a half, 3%, whatever it might be. Yeah. Right. They also reassess regularly. And so you have a high likelihood of property taxes going up. And so that's a favorable environment. But you also have kind of the, the regulatory environment there too, with the counties and municipalities. All, all, not all, but many of them being on board, understanding this type of structure and providing it. And so if you go and compare that, You know, other states that maybe have much lower property taxes or aren't open to this idea, it's gonna be very hard to do. So location is relatively, I don't wanna say fixed. There's other, other areas where it could work too, but we're focusing predominantly. In Texas on this. And so that's kind of how we're looking at it, how we're doing it. I don't know if there was another part of your question, Sam, but feel free to chime in again and [00:09:40] Sam Wilson: I, I think you've answered it well. Let's let's shift gears here a little bit. I love, thanks for taking the time to break down your guys's affordable housing strategy. We didn't talk much about mobile home parks but I do wanna make sure that if, if we have time, people will come back to that. But I'd love to hear what else you guys are doing. I know it sounds like the affordable housing component is part of your, kind of pivoting with the market, but let's talk about what you guys are doing strategically right now to pivot with the market where we are in these market conditions. I mean, just kind of give us what you see and how you guys are, are approaching things right now. [00:10:15] Mark Khuri: Sure. Yeah. And, and I'll, I'll share maybe a little, little evolution. I may keep it quick, but, you know, we pivoted, we've pivoted several times, Sam, over the last call, 10, 12 years with the markets. First pivot for us was like 2017 ish. We really stopped investing in single family, small multi-family, Sam and focused all of our effort in commercial institutional quality housing. Hm. And we did that for a number of reasons, but predominantly at that time we just saw less margin. lot of competition. We saw less deeply discounted properties and that kind of window of opportunity post recession was, was closing, to say the least. Wow. So we pivoted there. Then 2018, we started to think and see some indicators that there could be a recession soon. And so we pivoted again and just decided to focus on recession resistance as an investment strategy. In 2019, we created a recession resistant fund. We combined mobile home parks apartment communities, and self storage into one investment vehicle. We invested across. I wanna say about nine or so different opportunities. Sam a little over 12,000 units in the fund, 13 states really spreading out capital. And the purpose of that investment vehicle was to kinda hold everything for five to 10 years, right? And, and whether a storm should one come continue to cash flow and hopefully retain asset value through a potential downturn. So that was a big pivot. 2020 Covid came. We stopped investing for seven months. We didn't make any new investments on purpose. We watched, we waited, we analyzed tons of data internally, externally, and macro, you name it, trying to figure out what's going on. Number one. Number two, our tenant's gonna stay in pay. Is there gonna be distress? Really trying to, to, to realize where things might be going. And so that was a pivot just to say no to a lot of opportunities for number of months in, in late 2020, we started realizing, Sam, just by looking at the data and the, the metrics that. There's a high demand for affordable housing and for apartments and mobile home parks. And not just from residents, but also from investor groups who we typically sell to, right? So is watching our exit and is the demand for our product going. Up or down. We saw pretty favorable trends at that point, Sam, There was a rapid rent growth. It was cap rate compression, and we started investing in shorter term deals, call it one to three year holds on purpose. We were coming in and basically with a, a reputable operating partner to fix and flip a lot of multi-family properties, so we added that to our portfolio. We did a number of those deals and then we pivoted again in Q1 of 2022. Stopped doing short term deals. Now we're focusing again back on recession resistance. We have been right, we're recording this in October of 2022. And we continued to be focusing on cash flowing investments, long term fixed rate debt. Really just trying to make sure that we can underwrite smartly and whether the obviously the impact of the fed's fight against inflation by raising interest rates you know, very quickly and rapidly. And so this is how we're pivoting. We're continuously looking at deals today and. Being even more selective than before Sam. I think you know, debt is top of mind. We're still seeing very strong fundamentals. I'm sure you probably are too, meaning demand for apartments and affordable housing keeps going up. Rental rates are still growing in many markets, not as fast as they used to. We don't underwrite to that, but the fundamentals are there. Occupancy rates are very high, and we're still seeing attractive metrics to keep investing, but we're just being smarter and safer. When [00:13:59] Sam Wilson: you, when you say that you're investing more for cash flow, which I think is supposed to be. In theory, everyone's like number one rule, right? And we invest for cash flow, which I, I've heard that said a lot. I don't believe it once. I see a lot of the projections that come out. You see the shiny brochure and you're like, wait, this thing's heavily weighted in the appreciation category. But thanks for sending it over. But, but how do you as a cash flow investor, I guess when you bring that to your investor group and you say, Hey, cuz I know obviously a lot of people listening to this show raise capital and. When you bring it to your group, how do you underwrite it in such a way that it becomes still a compelling investment? And yet, if you're positioning yourself only to really clip the coupon, I guess, can you, does my question even make sense or am I just wandering here? [00:14:45] Mark Khuri: No, you're good. You're good. So a couple things come to mind. You know, as far as underwriting goes you know, everyone's. Says, likes to say that, Oh, it's conservatively underrated. It's so conservative. Yeah. If it was too conservative, you would never invest, by the way, So , there's always some type of assumption being built in that you hope will come true. Right. And so how do we look at that? I mean, I won't, won't go too deep into the details in lieu of time, but. We're obviously analyzing rent comps, we're analyzing sales comps. We wanna make sure that our basis is very attractive and that we're getting a really good deal for some reason, whatever that reason may be. Right. There's usually a story behind every deal. And as far as rent comps, you know, what's the rent growth projection, right? Sam? This is a big one for us, has been for a number of years cuz rents have gone through the roof. We don't expect that to continue. And so you have to look at those numbers and stress test them. That's the other big part of it. We stress test everything and so we'll even look and see like, Hey, what's break even occupancy? And assuming we get to that point and then are able to come back from it from a few after a few years and there's some catastrophic event, whatever it might be, how does that effectuate the return? Exit cap rates a very big. We've been underwriting exit cap rate growth for many years on our deals. And that's anywhere from, call it 75 to 200 basis points, depending on how we want to underwrite that, what we're buying it at, et cetera. And so then we'll stress test that too. Hey, if cap rates go up by 50, a hundred basis points above that, whatever the number may be, where is that break even exit cap rate. But then you're looking at the debt, right? That's usually what dictates the duration of a deal oftentimes. And so you want to be able to weather the storm and keep holding and continuing to cash flow. And so those are a lot of the, the variables that we're constantly looking at. Sam, I think it's prudent to be able to run the numbers a lot of different ways and, and stress test the deal [00:16:36] Sam Wilson: absolutely. No, I like that. I absolutely like that. If you re reo, if I could rero rewind. I don't know. Mark Rewind. The last 17 years, what is one thing you feel like you've done really well that other investors and or active deal sponsor should emulate? [00:16:52] Mark Khuri: well, I'm just thinking if it, if it's a deal level, so it's, it is probably gonna go back to when we won our first conversations together, Sam is. Working with the right people. I'd say the best. The best and the best, and making sure you're creating a win-win. Can you, can you [00:17:07] Sam Wilson: elaborate on that? [00:17:08] Mark Khuri: Yeah, I mean, like we're, we're, we're in the partnership business, right? And so we rely on our operating partners to source and execute on the business plan, on the properties. We're also relying on our investors to partner with us and, and, and invest with us. And so, it has to win. It has to be a win-win for both sides of the equation, right? So if we're gonna be responsible for investing into a deal, our operating partners relying on. To be there for the entire portion of that investment up front, the middle, the back end, right? Sometimes we have consent rights, sometimes we're, you know, cog, ping, whatever the, the deal may be. And so it's a traditional partnership. And the same with our investors, right? They are expecting us to be able to execute on the business plan and provide them with the, the, the returns that we said we were going through, right? Do as you say, and so, there has to be a win-win there where everyone is benefiting from the structure and the relationship. [00:18:03] Sam Wilson: Yeah, absolutely. Absolutely. If there's one thing that you could do over and, or a mistake you can help our investors avoid altogether, anything come to mind. [00:18:13] Mark Khuri: Yeah, I would say right now just be patient. It's very hard to do, right? We're, we're all trying to grow and create wealth and create passive income. You don't wanna make a mistake, right? Warren Buffet's number rule number one rule is, but, Don't lose money, and right. Number two is, don't forget rule number one. Right? So you know that, that just keeps coming top of mind right now. And things are so volatile, Sam, we don't know where things are going. And so be patient. Try and find opportunities where you, you know, the old hell adage, right? When you, you're done looking at it, you say, Wow, how could I not invest in this, Right? Instead of this could work. [00:18:49] Sam Wilson: Right. Yeah, that's that's, that's sound advice. I think for the times right now. The the gut level, Yeah, this is a great investment versus this could work. Those are two very different outcomes when you're reviewing a deal. So that's that's fantastic. Mark, thank you for taking the time to come on the show today. So certainly. Certainly a pleasure to have you back on. I loved hearing your thoughts on affordable housing, how you guys are finding opportunities inside of that, the unique strategy you're using with getting tax tax exemptions the way you guys are partnering, the way you've, you've pivoted the way you hit pause in 2020. That's hard to do, especially, you know, when you guys, I'm sure have a, have a larger team. You got many miles to feed and hitting the stop button and or pause button is that's a discipline. So certainly appreciate you sharing. Sharon with us here today. If our listeners wanna get in touch with you and learn more about you, Mark, what is the best way to do that? [00:19:39] Mark Khuri: Yeah, my, my email, You can email me anytime. It just go to info@smkcap.com. Our company name again is Smk Capital Management and our website has tons of information, some investment opportunities, examples. That's smkcap.com. [00:19:57] Sam Wilson: Wonderful. Mark. Thank you again, sir. Certainly appreciate it. [00:20:00] Mark Khuri: Thank you, Sam. 

5 Hour Real Estate Week
Ep119: Avoid Halloween Nightmare by Filling Vacant(s) Now

5 Hour Real Estate Week

Play Episode Listen Later Oct 28, 2022 10:23


If you have vacant rental properties after Halloween, that's a total horror. So today, you'll discover a timeline you need to consider to get filled with new tenants. Start listening to make more money and less worry in real estate for the entire year!   Key takeaways to listen for  The number one thing to avoid when you have vacant rentals How to level up your rental properties and attract occupants A great strategy to present and market your properties   Resources mentioned in this episode Landlording On Autopilot by Mike Butler | Paperback Sign up to experience the POWER LUNCH training now at https://www.mikebutler.com/PowerLunch   Connect With Us To learn how to consistently buy real estate working just 5 hours a week, click here. Follow Mike on Social Media Facebook: Mike Butler LinkedIn: Mike Butler Instagram: @mikebutlerusa Twitter: @MikeButlerUSA

Syndication Made Easy with Vinney (Smile) Chopra
Increase NOI at Multifamily Apartment Buildings

Syndication Made Easy with Vinney (Smile) Chopra

Play Episode Listen Later Oct 28, 2022 32:52


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 trash, upgrades to units, media centers, and workout rooms are all things that you can use as an opportunity to bring the property to the current market rent. Also, reducing concessions and reducing the loss of lease is going to increase your NOI. You need to consider other expenses like taxes, insurance, marketing cost, property management, and payroll. To increase the rent, you need to justify the increase by increasing the amenities. Vinney goes into such detail on how to increase your NOI and all the considerations that you need to take into account when taking over the property. Amazon lockers How to make income and increase the rent? Make sure that each unit is uniquely placed and charge for the difference. Putting in nests USB, cameras and making it more of a SMART property. Security equals peace of mind. Special events for the residents. The accounting department must be on point, don't get ripped off. Make sure the takeover is seamless or you will lose your tenants It's all about negotiations when dealing with contractors. https://vinneysbizcard.com/ Never forget to share this podcast, leave comments, and give 5 Star reviews! Thank you so much!  ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/invest/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------

Microdosing
[Event: SMASH] Julie Podewitz of Grow Your Occupancy

Microdosing

Play Episode Listen Later Oct 25, 2022 5:53


Julie Podewitz is a senior living sales expert with many years' of experience and a proven track record. Julie has spent time on both the provider and consultant side, all focused on sales and marketing.

One Rental At A Time
Declining Rents, Higher Cost of Capital, Higher Costs, Higher Cap Rates, Lower Occupancy, Apartments

One Rental At A Time

Play Episode Listen Later Oct 22, 2022 24:11


*NEW ITEM!* Purchase my newest book! "15 Conversations with Real Estate Millionaires" https://amzn.to/3CGOWOU

All Ears - Senior Living Success with Matt Reiners
Eversound in Sales: Driven by Stories, Backed by Data with Julie Podewitz, CEO of Grow Your Occupancy

All Ears - Senior Living Success with Matt Reiners

Play Episode Listen Later Oct 18, 2022 27:51


Julie Podewitz, CEO of Grow Your Occupancy, joins Matt as they talk about a recent case study with Vitality Living and Eversound; what they learned during the process of doing this study, where they can change the process for the better in the future, and how hearing loss affects the bottom line of any community.

Travel Market Life
Reviewing 2022 hotel & the market performance: Hospitality Marketplace Roundtable

Travel Market Life

Play Episode Listen Later Oct 18, 2022 21:43


How has the London hotel market adapted in 2022 and what have been the positive signs for growth? What are the distribution strategies and the value of direct booking? Are their signs of corporate travel returning or is it still murky waters?Ryan Haynes, host of Travel Market Life, is joined by Joe Pettigrew, CCO of Hospitality Assets Management at Starwood Capital Group, Christopher Cooper, CCO of Cooper Consult, and Cristina Blaj CEO of Open Revenue Consulting. Travel Market Life by Haynes MarComs is proud to be a media partner of Hospitality Marketplace 2022 - #justpitchit. Save the dates of the event that will take place for 4 days: #revenuemaximisation - 15th November - https://www.linkedin.com/video/event/...#distribution - 16th November - https://www.linkedin.com/video/event/...#directbooking - 22nd November - https://www.linkedin.com/video/event/...#operations & #sustainability - 23rd November - https://www.linkedin.com/video/event/...

Vacation Rental & Airbnb Mastery
Airbnb Pricing Hacks You Need to Grow Your Bookings - Mini Series Episode 7 of 7 'Should you obsess over occupancy or profit margin? Balance your income goals with value creation for your guests.'

Vacation Rental & Airbnb Mastery

Play Episode Listen Later Oct 17, 2022 11:16


Should you obsess over occupancy or profit margin? Balance your income goals with value creation for your guests.○ High hopes for high profits will kill your bottom line. When you are on the moon, but need to come down to earth with pricing expectations...○ Shooting for totally occupied here is the issue with trying to maximize revenue this wayLess turnover time so you will have a worn down, beat up vacation rentalYour cleaners and maintenance staff will hate you and think you are crazy(you are keeping them employed, but are constantly doing mission impossible and your guests won't be thrilled)1. Think of someone smoking or bringing a pet and then another guest checking in with allergies / high maintenancePricing tends to be lower you will have more parties and groups that will put wear and tear on your place for sureReplacing broken items and furniture will wipe out any value creation you thought you would get from pushing occupancy so hard○ Balanced approach to pricing - set your rates to attract your ideal guest i. Premium rates because your place is super nice - you will be lessoccupied, but your margins will be higher because you are charging more. Think about a fancy restaurant or the four seasons or a nice cruise ship -not fully booked but they are making money vs carnival cruise which isfully booked but is a party every night...different goalsMarket rates with discounts and promos for last minute, veterans, AAA,seniors - I have seen these homes do well 10-15% Return ratesLow cost leader - can make money, however these places look and feelnasty unless your operations are top notch and highly efficient. You will get bookings, people love cheap stays, but this is like renting homes in an area without a lot of crime. Higher return, more headache, higher risk.○ Don't obsess over occupancy, instead obsess over operations and running a great business, delivering value for your guests throw getting things rightObsess over the details that matterMake sure you are including the amenities and supplies you promisedComfortable bedsGet local, offer local recommendations to eat and playBe attentive and personableUnderpromise and over deliver. They didn't ask for flowers upon checkinor some snacks or a gift basket, but you delivered. They came for their child's birthday - get some balloons. Over deliver, it will show in your reviews and people will come back for more and more.

Street Smart Success
226: Affordable Housing Can Be Lucrative But Management Intensive

Street Smart Success

Play Episode Listen Later Oct 14, 2022 54:32


There's great money to be made in government subsidized, affordable housing. Occupancy is generally high and tenancies can last for years. It's a recipe for steady, predictable income and high margins. On the management side, however, there can be challenges figuring out how to manage lower income, working class tenants and do it at a profit. Mike Bonadies, Co-Owner and Managing Partner at TerraVestra properties in Southern New Jersey, owns his own rental portfolio and also manages 500 units for other landlords. The properties are in rural South Jersey and are typically older, so in-house maintenance and construction are keys to Mike's success.

Manx Radio's Mannin Line
Going for Gold - Peter Kennaugh's postbox, cost of going green, fortnightly bin collection, single occupancy rate issue, South Beach swimmers & our Manx fertiliser. It's Mannin Line with Andy Wint #iom #manninline #manxradio

Manx Radio's Mannin Line

Play Episode Listen Later Oct 14, 2022 49:59


Going for Gold - Peter Kennaugh's postbox, cost of going green, fortnightly bin collection, single occupancy rate issue, South Beach swimmers & our Manx fertiliser. It's Mannin Line with Andy Wint #iom #manninline #manxradio

Bridge the Gap: The Senior Living Podcast
CW 125: Executive Coaching: Solving the Occupancy Puzzle with Julie Podewitz

Bridge the Gap: The Senior Living Podcast

Play Episode Listen Later Oct 12, 2022 20:18 Transcription Available


During this series, Julie Podewitz will take a deeper dive into how to solve the occupancy puzzle by identifying the problem, determining strategy, what actions to take, and how to get there. This series focuses on specific pieces of the occupancy puzzle, what contributes to the outcome, what action to put in place, and how to coach others.  For this episode on coaching others, Julie Podewitz goes into the interrogation room of her favorite detective series, NYPD Blue.Meet the BTG Contributors.Powered by Peak Senior Living by Functional Pathways.Connect with us on social media:YouTube InstagramFacebookTwitterLinkedInTune in each Wednesday for a new episode of the Contributor Wednesday series! Visit our website for more episodes and information at BTGvoice.com.Produced by Solinity Marketing.

Care Home PR And Marketing Masterclass Podcast
How To Handle Enquiries To Your Care Homes (Particularly As Families Are Now HYPER Discerning)

Care Home PR And Marketing Masterclass Podcast

Play Episode Listen Later Sep 29, 2022 33:35


This episode of the Care Home PR And Marketing podcast features Fiona Hales, managing director of CoolCare, an administration software provider covering “everything a care home needs to run efficiently and with profit” Fiona sets the vision for CoolCare and guides development while leading the team to create the best experience for customers. In the episode Fiona outlines the best strategies for dealing with enquiries when they arrive with your care provider, and how to ensure the best experience for prospective families and residents including: How prospective customers are more discerning and viewing more homes to find the right place for their loved ones. And why families may now have a list of 10 care homes to choose from rather than 3 The importance of having an impressive online presence through websites, and social media articles in the local media to be under consideration. “Families are now interrogating what might be the best care home for their loved one,” says Fiona. How providing the best possible experience for prospective residents and their family is key in a competitive market. How the level of care and attention afforded to residents should be shown from the moment the enquiry comes in. How good record keeping is vital to the process for care providers and central digitalised records can streamline the process. The importance of good internal communication across your team to ensure the enquiry process runs smoothly. How having a standardised procedure for dealing with enquiries for all staff is key to keep prospective families informed and happy throughout the process. The impact of an inefficient process on vacancy levels in your care home and how changes to this process can increase occupancy. How a friendly, professional and personable attitude from staff is key to making prospective residents feel like “your home could be their home”.

100 Club Podcast
What stands you out as a sales and marketing director w/ Julie Podewitz (Grow Your Occupancy)

100 Club Podcast

Play Episode Listen Later Sep 26, 2022 31:30


In the booth with THE Julie Podewitz and she breaks down actionable steps for what sales and marketing directors can be doing to be increasing their conversions. It first begins with controlling the "controllables" - it's easy to get caught up in the whirlwind of senior living sales but the best sales directors know how to step back and identify trends and be disciplined in the actions that increase conversions. DON'T FORGET! Sign up for the most important sales master class put on by Julie here: https://growyouroccupancy.com/live-training-events/ Time and date: Brentwood, TN on November 15 - 16, 2022. Leave energized, motivated, confident and with action steps to implement NOW to boost sales and occupancy. Register before October 1 to take advantage of the value rate of $495! --- Send in a voice message: https://anchor.fm/michael-moye1/message Support this podcast: https://anchor.fm/michael-moye1/support

880 Extras
NYC Office Occupancy Has Gone Up

880 Extras

Play Episode Listen Later Sep 20, 2022 2:39


There's been a sudden surge in the number of workers who've returned to their offices in New York City. Kastle Systems, which measures key card swipes, says office occupancy increased from 38% to more than 44% in the last week. Several large employers, including Goldman Sachs, ordered their workers back to the office after Labor Day.

Bridge the Gap: The Senior Living Podcast
Sales and Marketing Messaging with Jeff Gronemeyer of Conversion Logix

Bridge the Gap: The Senior Living Podcast

Play Episode Listen Later Sep 19, 2022 25:59 Transcription Available


Creating vibrancy and passion through a brand's story is what Jeff Gronemeyer, VP of New Business Development at Conversion Logix, continues to strive to push in the senior living industry. Conversion Logix was a Gold Sponsor at the VIP Ignite Experience: View HereSponsored by Accushield, Connected Living, Hamilton CapTel, Enquire, LTC REIT, OneDay, Meridian Capital, iN2L, Solinity, and The Bridge Group Construction.Produced by Solinity Marketing.Connect with BTG on social media:YouTubeInstagramFacebookTwitterLinkedInMeet the Hosts:Lucas McCurdy, @SeniorLivingFan Owner, The Bridge Group Construction; Senior Living Construction Renovation - CapEx - Reposition   Joshua Crisp, Founder and CEO, Solinity; Senior Living Development - Management - Consulting - Marketing

The Mobile Home Park Broker's Tips & Tricks To Investing

MHP Brokers Tips and Tricks Podcast, Underwriting 101 In this episode of The MHP Broker's Tips and Tricks podcast, Maxwell Baker, president of The Mobile Home Park Broker, will talk about the basics of underwriting mobile home parks and RV communities.   This and every Tips and Tricks podcast episode are brought to you by The MHP Broker's' proprietary Community Price Maximizer. Use this four-step system to get the highest price possible for your mobile home park or RV community when you sell it through The MHP Broker. Guaranteed. Ask Max for details.   Here Are the Show Highlights: This is the first of what will be multiple Tips and Tricks podcasts on the variables in underwriting mobile home parks principally, but also RV communities. Think of this initial podcast as an introduction to the subject, a sort of Underwriting 101. (:56) We're not appraisers, but we conduct the evaluations of communities that lenders often refer to in appraising communities. (:56) Utilities are often the number one variable we rely on. Your water system variables on city water include mass metered systems, direct billed and sub-metered. Then there's well water. Direct billed systems are best in that the resident deals directly with the utility for water and sewer, leaving you totally out of it. Mass metered and sub-metered systems are less desirable to investors, in that the meters can break down over time and you might end up paying for more water than you think your community is using. And, of course, you have to bill your tenants for water. (:56) After direct billed systems, well water can work out okay as long as the well is drilled deep enough and doesn't go dry. Owners in some states can turn a small profit in billing tenants for their well water, but North Carolina, for instance, is very critical on charging tenants for water this way. So it just depends on the state. (2:57) Lagoons are common as water sources in some parts of the country. Owners might think of them as “free” water, but the cost of filtration and sewer treatment equipment can get ridiculously high. (5:03) Septic tanks are another variable. Some can be at large as a three- or four-bedroom home while others might be two or three times that size! I'll have more to say about septic tanks in future underwriting-themed podcasts. (7:08) Yet another variable is park-owned vs. tenant-owned homes. Most parks consist of POHs, but you have more TOHs in the inner cities. These are desirable because you can have lower cap rates with them, and less responsibility in terms of maintenance and upkeep. Parks that sell the fastest are those with TOHs, direct billed water and sewer and paved roads maintained by the city. In other words, the less you the owner must do, the more valuable the property. (8:12) Paved roads are the most desired, with dedicated gravel and dirt roads much less valuable, but less of a problem if they're owned by the city. You can call for maintenance and repairs rather than having the handle them yourself. Concrete roads are problematic because they crack easily and frequently have potholes. (9:42) When investing, you must also look at the property management situation. Some parks have third-party property managers, some have inside managers (they live there and work for rent reduction). The most problematic is the park in which the mom and pop owners are the managers. When they leave or retire, it can take significant time to put new management in place. In the meantime you get tenant complaints and maybe even new vacancies. So this is the most high-risk variable in this area. (11:09) Good clean and complete books and records are most desired and can reduce the cap rate because they decrease investors' risk. (13:25) Occupancy rates are perhaps the most critical variable when selling your park. One that's fully or largely occupied gives the new owner less to do and will usually come in at a lower cap rate. (14:06) On a related note, now is also a good time for park owners to invest in good used mobile homes as prices come down from the highs during the pandemic. (15:04)        Reach out to Max to see how The Mobile Home Park Broker can evaluate your community and help you get the best selling price possible. Just drop him a line at info@themhpbroker.com or give him a call at 678-932-0200. Power Quotes on This Episode: “This is the creme de la creme when it comes to mobile home communities, city water and sewer, direct billed.” (2:57)   “...if you've got a community that's direct billed, paved roads owned by the city and not private, all tenant-owned homes, lot rents in the $300 and up, I can tell you right now I can make three phone calls and get you a six cap on something like that, especially in a primary market. (8:12) “Management is a huge variable, because you've got some management companies that are massive, and sometimes they're outsourced. Sometimes there is none and sometimes there's a mom and pop doing it. Obviously, the ones that are the less risky are the ones  that are internal and they're finely tuned, they've been working there for several years.” (11:09) “If you've got (good books and records), the more information y'all provide about your community, the higher the price, the lower the cap you're going to get. Because when  you lack information, there's higher risk, which means a higher cap rate.” (13:25)

Bridge the Gap: The Senior Living Podcast
CW 121: Executive Coaching: Solving the Occupancy Puzzle with Julie Podewitz

Bridge the Gap: The Senior Living Podcast

Play Episode Listen Later Sep 14, 2022 26:13 Transcription Available


During this series Julie will take a deeper dive into how to solve the occupancy puzzle by first identifying the problem, determining strategy, what actions to take, and how to get there.   These six podcasts narrow in on a key area of the occupancy puzzle, what contributes to the outcome, what to do, and how to coach others to achieve goal.  Speaking of goal (posts), in the third episode of the series, Julie explains how senior living sales is like an episode of Friday Night Lights.Meet the BTG Contributors.Powered by Peak Senior Living by Functional Pathways.Connect with us on social media:YouTube InstagramFacebookTwitterLinkedInTune in each Wednesday for a new episode of the Contributor Wednesday series! Visit our website for more episodes and information at BTGvoice.com.Produced by Solinity Marketing.

CoreNet Global's What's Next Podcast
Embracing Real-Time Occupancy

CoreNet Global's What's Next Podcast

Play Episode Listen Later Sep 13, 2022 37:59


Andrew Millar and Sandra Panara of Relogix discuss the opportunity -- and need -- for corporate real estate organizations to embrace real-time occupancy.

Healthy Outcomes: A Baker Tilly Podcast
Trends, issues and updates in the senior service industry

Healthy Outcomes: A Baker Tilly Podcast

Play Episode Listen Later Sep 13, 2022 33:35


On this episode of Healthy Outcomes, our host Mark Ross interviews Gary Pezzano, the President and CEO of LeadingAge PA, about various topics relevant to senior services providers.  

Selling Central Florida
How To Generate Wealth For Your Family with Short-Term Rentals

Selling Central Florida

Play Episode Listen Later Sep 13, 2022 23:39


Have you ever thought of investing in a short-term rental property? As realtors that are right around Disney and all of the theme parks in Florida, rentals are definitely our jam. We love talking about this topic and we love helping people purchase their dream investment properties. We've seen so many investors dive into the world of short-term rentals and do really well, so in this week's episode of Selling Central Florida, we are diving into the topic to tell you everything you need to know about these types of investments. Short-term rentals are a tried and true way to make some passive income, and they have blown up in popularity in central Florida. They are an excellent way to generate wealth for your family. This is truly something that we can all do to generate income. Even if you are just breaking even on your monthly expenses, you are still generating equity on your property just by owning it. Furthermore, you can invest in a property that is already set up as a short-term rental and you can start generating income the day you close. The opportunities are endless when it comes to rental properties, which is why we love them so much! In today's episode, we discuss: ● What a short-term rental is ● Counties that are perfect for short-term rentals ● Occupancy rates on these types of properties ● Property management options ● What you need to know about HOAs ● The benefits of new construction rental properties ● Misconceptions people have when it comes to condos If you can't tell, we highly recommend short-term rentals as a way to build wealth, and if you're looking to get started, we are here for you! No matter where you're looking in the state of Florida, we have resources all over the state. So even if it's not central Florida, make sure to reach out to us and we can put you into contact with somebody who specializes in short-term rentals in that particular area so you can get exactly what you're looking for. The one thing we can't tell you is how certain properties perform. You'll have to get that information from a property manager. There is a great company that does this and we are going to be interviewing them next week so stay tuned! If you like the show, please subscribe and leave a review. This helps us get more listeners and help more people. You can also follow us on Instagram and send a DM if you want to connect! If you know anyone who would love or appreciate our work, please share it with them! It helps us so much. If you would like to search for available homes in central Florida or check your home value, you can use our services for free at tiffsellsflorida.com. You can also email us at sellingcflorida@gmail.com!

Colorado Real Estate Podcast
Castle Rock Airbnb Laws, What is a Post Occupancy Agreement, & The Pike's Peak Center

Colorado Real Estate Podcast

Play Episode Listen Later Aug 23, 2022 14:40


Today we review the laws surrounding running an Airbnb in Castle Rock. What you need to know about post occupancy agreements when buying or selling a home. And who are the new acts at the Pike's Peak Center. For more information visit us at https://www.erinandjamesrealestate.com/

Tesla Daily: Tesla News & Analysis
FSD Beta 10.69, New Occupancy Network, Production Updates, Neuralink (08.22.22)

Tesla Daily: Tesla News & Analysis

Play Episode Listen Later Aug 23, 2022 14:31


➤ Looking at first impressions from Tesla's release of FSD Beta 10.69 ➤ Tesla's Director of Autopilot software discusses recent changes to the system: https://youtu.be/jPCV4GKX9Dw ➤ Giga Texas reportedly hits 1,000 vehicles produced in one week ➤ Power restrictions extended in China ➤ Sandy Munro discusses Tesla's 4680 battery pack ➤ Tesla tries out new Superchargers layout ➤ Elon Musk announces Neuralink update Shareloft: https://www.shareloft.com Twitter: https://www.twitter.com/teslapodcast Patreon: https://www.patreon.com/tesladailypodcast Tesla Referral: https://ts.la/robert47283 Executive producer Jeremy Cooke Executive producer Troy Cherasaro Executive producer Andre/Maria Kent Executive producer Jessie Chimni Executive producer Michael Pastrone Executive producer Richard Del Maestro Executive producer John Beans Music by Evan Schaeffer Disclosure: Rob Maurer is long TSLA stock & derivatives

CoreNet Global's What's Next Podcast
Aug 2022 Source Audio: It's Time For Corporate Real Estate To Embrace Real - Time Occupancy

CoreNet Global's What's Next Podcast

Play Episode Listen Later Aug 19, 2022 6:15


The commercial real estate (CRE) profession is at an inflection point. We're facing two challenges: Historic occupancy data went out the window with the pandemic, and the hybrid workplace is in flux. The critical question then becomes how to forecast space demand with so much uncertainty in front of us. The answer is with real-time behavioral data. Leveraging the facts about how and why people are using spaces can keep CRE relevant and ahead of the curve as it realigns occupancy amid a constantly shifting landscape. Written By: Andrew Millar Narrated By: Gayle Crew CoreNet Global's the SOURCE magazine, August 2022

SBS Albanian - SBS Albanian
Office occupancy rates show post-pandemic slump in most capital cities - Zyra bosh nëpër qytetet Australiane – bie qeramarrja

SBS Albanian - SBS Albanian

Play Episode Listen Later Aug 13, 2022 4:13


The Property Council of Australia says C-B-D ((Central Business District)) office occupancy rose in only two of the six capital cities that it monitors in July. - Këshilli i Pronave në Australi thotë se numri i zyrave me qera nëpër qytetet Australiane u rrit në vetëm dy prej tyre.

SBS Albanian - SBS Albanian
Office occupancy rates show post-pandemic slump in most capital cities

SBS Albanian - SBS Albanian

Play Episode Listen Later Aug 13, 2022 4:13


The Property Council of Australia says C-B-D ((Central Business District)) office occupancy rose in only two of the six capital cities that it monitors in July.

SBS World News Radio
Office occupancy rates show post-pandemic slump in most capital cities

SBS World News Radio

Play Episode Listen Later Aug 11, 2022 3:17


The Property Council of Australia says CBD occupancy rose in only two of the six capital cities that it monitors in July. Melbourne is the lowest, falling 11 percentage points, with a little over a third of all office space being used.

Bridge the Gap: The Senior Living Podcast
CW 116: Executive Coaching: Solving the Occupancy Puzzle with Julie Podewitz

Bridge the Gap: The Senior Living Podcast

Play Episode Listen Later Aug 10, 2022 22:47 Transcription Available


In this series, host Julie Podewitz takes a deep dive into how to solve the occupancy puzzle by first identifying the problem you're trying to solve, determining strategy, what actions to take and how to get there.Today, Julie looks at solving the "hot enough sales" problem by looking at the factors that make up the Tour to Sale conversion.The six episode-series each narrow in on a key area of the occupancy puzzle, what contributes to the outcome, what action to put in place and how to coach others to achieve the goal.Shop: Solving the Occupancy Puzzle by Julie PodewitzMeet the BTG Contributors.Sponsored by Peak Senior Living by Functional Pathways.Connect with us on social media:YouTube InstagramFacebookTwitterLinkedInTune in each Wednesday for a new episode of the Contributor Wednesday series! Visit our website for more episodes and information at BTGvoice.com.Produced by Solinity Marketing.

Streetwise Hebrew
#171 Catch Me If You Can (Rerun)

Streetwise Hebrew

Play Episode Listen Later Aug 9, 2022 10:55


The formal Hebrew word לתפּוס and לתפוס more colloquially both mean ‘to catch', but the word has many more meanings and uses, like: to comprehend, take up space, or think highly of someone.   Guy nearly gets lost in the possibilities and he even finds a Yiddish connection.   New Words and Expressions: Af ahat lo tafsa et ha-makom sheli ba-lev shelcha – Nobody took my place in your heart – אף אחת לא תפסה את המקום שלי בלב שלך Af ahat lo titpos et ha-makom sheli ba-lev shelcha – No one will catch my place in your heart – אף אחת לא תתפוס את המקום שלי בלב שלך Titpos (form.), titfos (Coll.) – She will catch – תתפוס Shum ahava lo titfos et mekoma – No love will take her place – שום אהבה לא תתפוס את מקומה Titfos li makom leyadcha – Save me a spot next to you – תתפוס לי מקום לידך At yechola litfos li makom leyadech? – Can you save a spot next to you? – ?את יכולה לתפוס לי מקום לידך Al titfos oti ba-mila – Don't take my word for it – אל תתפוס אותי במילה Ma, od lo tafasta? – What, you still didn't get it? – ?מה, עוד לא תפסת Tafasti rosh al ha-bar – I was having a great time at the bar – תפסתי ראש על הבר Tafasti merhak – I moved away – תפסתי מרחק Tafasti otcha – Gotcha! (Tag, you're it!) – !תפסתי אותך Tafasti oto al ham – I caught him red-handed – תפסתי אותו על חם Tafasti atsabim – I got angry – תפסתי עצבים Tafasti ometz – I mustered the courage – תפסתי אומץ Ze lakach la ktsat zman litpos et ha-inyan – It took her some time to get it – זה לקח לה קצת זמן לתפוס את העניין Tafas tahat – He thinks he's someone big – תפס תחת Hu tofes alai tahat – He's acting like my boss – הוא תופס עליי תחת Tafas lo fraier / tafsa la fraier – He got himself a sucker / She got herself a sucker – הוא תפס לו פראייר /היא תפסה לה פראייר Ha-shulhan tofes hatzi heder – The table takes up half the room – השולחן תופס חצי חדר Lo hitzlachti litfos oto – I wasn't able to catch a hold of him – לא הצלחתי לתפוס אותו Tafasti monit – I got a taxi – תפסתי מונית Ze lo tafas – It didn't catch – זה לא תפס Podkastim ze lo mashehu she-mamash tafas ba-aretz – Podcasts haven't really caught on in Israel – פודקסטים זה לא משהו שממש תפס בארץ Hi tofeset me-atsma – She thinks highly of herself – היא תופסת מעצמה Ani ma-ze tofes mimena (Ani mahzik mimena) – I think really highly of her – אני מה-זה תופס ממנה, אני מחזיק ממנה Hu ma-ze tofes me-atzmo – He really thinks highly of himself – הוא מה-זה תופס מעצמו Yeladim mesahkim tofeset – Kids are playing “tag” – ילדים משחקים תופסת Tafus – Occupied, taken, busy – תפוס Slicha, ze tafus? – Is this (seat) taken? – ?סליחה, זה תפוס Hitkasharti aval tafus kol ha-zman – I called but it's busy all the time – התקשרתי אבל תפוס כל הזמן Ze lo nitpas –Inconceivable – זה לא נתפס Tfusa – Capacity, occupancy – תפוסה Ahuzei tfusa – Occupancy rates – אחוזי תפוסה   Playlist and Clips: Miri Massika – Af Ahat (lyrics) Dudu Tassa – Ani Shar (lyrics) Beit Ha-bubot – Shuv Ha-hiyuch (lyrics) Shalom Hanoch – Tafasti Rosh al Ha-bar (lyrics) Dana Berger – Lomedet La'uf (lyrics) Eti Ankri – Milionim (lyrics) Shai Haim – Tofeset Me-atsma (lyrics) Kensiyat Ha-sechel – Tagidi She-tov (lyrics)

Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | Apartment Sharing

Many companies are shifting their employees to working remotely, allowing many people the flexibility to live more of a nomadic lifestyle. This has led the 30-plus day stays to become the fastest growing category on Airbnb right now. But what are the pros and cons? And is it profitable? Toby Doré currently manages over 20 units in 'Cajun Country' downtown Lafayette, Louisiana, and has over 5000 reviews on Airbnb. He's also a full-time sports psychology professor at the University of Louisiana and writes the travel blog, "The Cajun Traveler." Toby was in the first class of Legends X. His story appears in the book, Hospitable Hosts: Inspiring & Memorable Stories From Airbnb Hosts Around The World To Educate & Motivate. On this episode of Get Paid for Your Pad, Toby joins me to discuss how he transitioned his properties to 30-day plus stays during the pandemic to keep his business alive and why he's keeping them there in the fastest growing category on Airbnb. Listen in as Toby shares the two biggest lessons he's learned from having his properties in the 30-day plus leasing model, how he uses his travel blog as a marketing tool for his STR business, plus some important tips about LTR leases. The next Legends X STR Accelerator class begins February 28, 2023. If you're interested, apply now. Topics Covered The importance of contracts, leases, and tenant's rightsWhere Toby found 100% of the leads for his pandemic long-term rentalsThe biggest disadvantage of the 30-day leasing modelThe key difference between regular contracts and arbitrage contractsToby's pricing strategies for managing both his 30-day leases and his STRsWhy having a blog about your STR market is a powerful marketing toolWhy Toby decided to get involved in the Hospitable Hosts book projectThe 2 biggest lessons Toby learned when he transitioned to the 30-day+ leasing modelThe important connections Toby made through Legends XConnect with TobyThe Cajun Traveler on FacebookThe Cajun Traveler on InstagramResourcesHospitable Hosts: Inspiring & Memorable Stories From Airbnb Hosts Around The World To Educate & MotivateHospitable HostsThe Cali Adventurer BlogEP200: A Serial Airbnb Entrepreneur from Lafayette Apply for Legends X STR AcceleratorGet Paid for Your Pad NewsletterSTR Legends MastermindEmail jasper@getpaidforyourpad.comSponsored byLegends X STR Accelerator See acast.com/privacy for privacy and opt-out information.

BiggerPockets Daily
651 - Short-Term Rental Occupancy Falls in May: Should Investors Be Concerned? by Matt Myre

BiggerPockets Daily

Play Episode Listen Later Jul 27, 2022 6:29


https://www.biggerpockets.com/blog/short-term-rental-occupancy-falls-in-maySee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Colorado Real Estate Podcast
Airbnb Occupancy Rates, Apartment Growth in Colorado Springs, & Our Restaurant Picks

Colorado Real Estate Podcast

Play Episode Listen Later Jul 26, 2022 13:27


Today we look at occupancy rates across short term rentals and where the most growth is occuring. What's happening with Apartments in Colorado Springs and finally we disucss our favorite resturant picks. For more information visit us at https://www.erinandjamesrealestate.com

Investor Financing Podcast
What are the Occupancy Requirements for SBA Loans 504 & SBA 7(A)?

Investor Financing Podcast

Play Episode Listen Later Jul 20, 2022 1:36


What are the Occupancy Requirements for SBA Loans 504 & SBA 7(A)? In this short video, Beau talks about the occupancy requirements for SBA loan programs like the SBA 504 and SBA 7(a). A few highlights: ✅ If you're buying an existing property, you need to occupy at least 51 of the space. ✅ If you're building new construction you, have to occupy at least 60 of the space and within the within the first 10 years of the loan you have to occupy at least 80 percent of the space Watch the entire video for all the details about SBA 504 & SBA 7a loan occupancy requirements.

The BNB Professional
38. Higher Occupancy Rates With Pricelabs - Sean Howell Interview

The BNB Professional

Play Episode Listen Later Jul 19, 2022 55:13


Sean Howell from Easy Breezy BNB joins us today on The BNB Professional. Sean is the co-founder of Easy Breezy BNB, an Airbnb management company that owns and manages units in Fort Lauderdale, FL. They have 9 Airbnb units on their portfolio and are looking to reach 20 units by the end of the year. Sean has used Pricelabs since the start of his Airbnb career and learned to use this powerful dynamic pricing tool to post high occupancy rates in any market. Resources: Easy Breezy BNB Easy Breezy BNB Instagram Pricelabs Wheelhouse Beyond Pricing Get Our Free Ebook •••• The BNB Professional is brought to you by The BNB Property Analyzer. A video series created to help Airbnb hosts analyze potential BNB profits with precision. Visit www.bnbpropertyanalyzer.com to get FREE Access. Host Bio: Kevin B. Ramirez, is co-founder of Sky Realty Investment Solutions, a vacation rental property management company based in Miami, FL. He has 4 years experience in Real Estate Investing and 3 years experience in Airbnb management. He's been directly involved in over 30 real estate deals. He's earned a number of completion certificates from top real estate investing courses with topics including: fix & flip, rental properties, airbnb, creative finance, lease options, and more. For more info on Kevin Ramirez and his company visit: www.skyrealtysolutions.com Host Social: Instagram: @kevinbryantonline Facebook: @kevinbryantonline Twitter: @kbryantonline Youtube: @TheBNBProfessional Company Social: Instagram: @Skyrealtyinvestments Facebook: @Skyrealtyinvestments Website: Skyrealtysolutions.com --- Send in a voice message: https://anchor.fm/thebnbprofessional/message

The Jorge Contreras Show
3 Tips to Maximize Revenue & Occupancy

The Jorge Contreras Show

Play Episode Listen Later Jul 18, 2022 5:46


In this episode, Jorge shares 3 tips in order to maximize revenue and occupancy in your Airbnb business. 1. Have the "most" marketable property in the area 2. Use Beyond Pricing 3. Bring down your price manually in order to attract smaller groups of people that are willing to book on short notice   Links: Free Ebook Instagram YouTube Website

Bridge the Gap: The Senior Living Podcast
CW 112: Executive Coaching: Solving the Occupancy Puzzle with Julie Podewitz

Bridge the Gap: The Senior Living Podcast

Play Episode Listen Later Jul 13, 2022 16:46 Transcription Available


During this series, Julie Podewitz will take a deeper dive into how to solve the occupancy puzzle by first identifying the problem you're trying to solve, determining strategy, what actions to take and how to get there. These six podcasts each narrow in on a key area of the occupancy puzzle, what contributes to the outcome, what action to put in place and how to coach others to achieve goals. Meet the BTG Contributors.Contributor Wednesday is sponsored by Peak Senior Living by Functional Pathways.Connect with us on social media:YouTube InstagramFacebookTwitterLinkedInTune in each Wednesday for a new episode of the Contributor Wednesday series! Visit our website for more episodes and information at BTGvoice.com.Produced by Solinity Marketing.

Generation Hustle
Ep 19: Is Airbnb occupancy really dropping to 60.7%? (Article reaction)

Generation Hustle

Play Episode Listen Later Jun 29, 2022 38:16


New airbnb article

The Modern Facilities Management Podcast
#53 John Powers: Reducing Energy Consumption

The Modern Facilities Management Podcast

Play Episode Listen Later Jun 9, 2022 23:30


John Powers, Founder and CEO of Extensible Energy, is this weeks guest.  John is an industry expert with over three decades of experience working in utilities and energy management.  He's authored over 100 papers and reports on energy efficiency, demand response, resource planning, load forecasting, renewable energy, and more.  If you're interested in decrypting the code behind your utilities bill, John is the expert to listen to.On this episode, we discuss:Occupancy behaviors and the impact on energy usageSmart technologies Best practices to reduce energy consumption and even GENERATE revenueThe future of energy managementEnjoy!  

Operators and Allocators Podcast
Different Types of RV Campgrounds with Dylan Marma and Troy Trecroce

Operators and Allocators Podcast

Play Episode Listen Later Jun 8, 2022 13:58


Learn more about the podcast and it's presenters at: https://therequitygroup.com/   Let's focus on the elephant in the room and by saying that I mean the many faces of the RV campgrounds asset class. When you first look into adding an RV campground property into your portfolio it seems like a straightforward process. You just sign a deal and let it work for you. That is one way of doing it but you want to make sure you make the most of your investment. Today we break down the different types of campgrounds you can operate and how to pick the best option for you. We don't leave you with just the basics, we give our golden nuggets to success.    We hope you enjoy this mini-series. We will cover  -The industry as a whole-Similarsites to the self-storage industry-How to invest in the management of the property-Scouting and planning the first steps for success-Answer any questions you may have, be sure to send us a message or leave a comment.+ Much more!   Take a look at some of the topics in this interview 00:00 - Intro 02:004 - The four types of Campgrounds 056:5002 - Explaining short term RV campgrounds 07:59 - Occupancy in the RV space 11:305  - EGI, A very important metric (effective gross income) Our Socials   Website(s) https://therequitygroup.com/ Learn more about the podcast and it's presenters at: https://therequitygroup.com/ Register to Invest with The Requity Group: https://investors.appfolioim.com/trg/investor/request_access Learn more about the podcast and it's presenters at: https://therequitygroup.com/ Register to Invest with The Requity Group: https://investors.appfolioim.com/trg/investor/request_access

Dot to Dot: A daily 5min Echo demo from Alexa

Today the brilliant David Ward (dward@goodwillvalleys.com) is back with a fab demo of a new feature that auto-detects our comings and goings at home and in the office. Nice. --- Feedback, comments, demos pleas to ✉️ thedottodotpodcast@gmail.com

Bridge the Gap: The Senior Living Podcast
A Provider's Perspective of Video's Impact on Occupancy and Retention with Lacy Jungman

Bridge the Gap: The Senior Living Podcast

Play Episode Listen Later May 23, 2022 19:07 Transcription Available


“Make lives better for seniors,” Lacy Jungman,  VP of Strategic Development at OneDay explains. She brings a unique perspective as a provider using technology and now has the experience to uniquely share now technology can positively impact the industry.Recorded at Senior Living 100 Conference.Request an invitation to the VIP Ignite Experience: Dream Again.YouTube InstagramFacebook Twitter LinkedInLucas McCurdy, @SeniorLivingFan Owner, The Bridge Group Construction; Senior Living Construction Renovation - CapEx - Reposition   Joshua Crisp, Founder and CEO,  Solinity; Senior Living Development - Management - Consulting - MarketingProduced by Solinity Marketing.

The Commercial Real Estate Academy
Episode #61 - Nick Terry - Managing Partner, Rifle Real Estate - Occupancy Cost Reduction Strategies

The Commercial Real Estate Academy

Play Episode Listen Later May 10, 2022 51:11


The Commercial Real Estate Academy podcast was created to demystify the commercial real estate industry for the masses. During our weekly episodes, we interview industry experts on a host of different commercial real estate-related topics. Through these interviews, we hope to arm you with the knowledge, references, and tools you'll need to confidently pursue commercial real estate opportunities as a business owner and/or an investor. Raphael Collazo and Jeff Walston are excited to introduce their guest for this week! In today's episode, we hosted Nick Terry, Managing Partner at Rifle Real Estate, for a lively conversation about some of occupancy cost reduction strategies. ▶️ During our conversation, we explored topics such as: • What got him interested in the commercial real estate industry, • What were some of the early struggles he faced as he looked to grow his business, • Walking us through the site selection process for those interested in leasing/buying a space particularly in Office & Industrial properties, • When analyzing opportunities, what are some of the construction items to consider, How do you help your clients assess their build out requirements, • What are some of the occupancy cost reduction strategies that you usually recommend, • As well as much more... ▶️ If you're interested in learning more about Nick, feel free to reach out to him via the following links: ▶ LinkedIn: https://www.linkedin.com/in/nbterry/ ▶ Website: http://www.riflere.com/ ▶ Email: nick@riflecre.com Below I've provided links to books that were referenced during the episode: 1) Jeffrey Blount Books - https://www.amazon.com/Jeffrey-Blount/e/B0091F5I9I%3Fref=dbs_a_mng_rwt_scns_share 2) 75 hard challenge - https://www.amazon.com/75-hard-challenge-Motivated-Motivating/dp/B09CHW2JGF If you find value in these episodes, please SUBSCRIBE and don't forget to leave us a 5

New Books in History
Jo Guldi, "The Long Land War: The Global Struggle for Occupancy Rights" (Yale UP, 2022)

New Books in History

Play Episode Listen Later May 3, 2022 62:13


Jo Guldi tells the story of a global struggle to bring food, water, and shelter to all. Land is shown to be a central motor of politics in the twentieth century: the basis of movements for giving reparations to formerly colonized people, protests to limit the rent paid by urban tenants, intellectual battles among development analysts, and the capture of land by squatters taking matters into their own hands. The book describes the results of state-engineered “land reform” policies beginning in Ireland in 1881 until U.S.-led interests and the World Bank effectively killed them off in 1974. The Long Land War: The Global Struggle for Occupancy Rights (Yale UP, 2022) provides a definitive narrative of land redistribution alongside an unflinching critique of its failures, set against the background of the rise and fall of nationalism, communism, internationalism, information technology, and free-market economics. In considering how we could make the earth livable for all, she works out the important relationship between property ownership and justice on a changing planet. Jo Guldi is associate professor of history at Southern Methodist University, where she teaches courses on the history of Britain, the British Empire, modern development policy, and property law. She is the author of Roads to Power: Britain Invents the Infrastructure State and (with David Armitage) The History Manifesto and lives in Richardson, Texas. Twitter. Website. Brian Hamilton is Chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/history

New Books Network
Jo Guldi, "The Long Land War: The Global Struggle for Occupancy Rights" (Yale UP, 2022)

New Books Network

Play Episode Listen Later May 3, 2022 62:13


Jo Guldi tells the story of a global struggle to bring food, water, and shelter to all. Land is shown to be a central motor of politics in the twentieth century: the basis of movements for giving reparations to formerly colonized people, protests to limit the rent paid by urban tenants, intellectual battles among development analysts, and the capture of land by squatters taking matters into their own hands. The book describes the results of state-engineered “land reform” policies beginning in Ireland in 1881 until U.S.-led interests and the World Bank effectively killed them off in 1974. The Long Land War: The Global Struggle for Occupancy Rights (Yale UP, 2022) provides a definitive narrative of land redistribution alongside an unflinching critique of its failures, set against the background of the rise and fall of nationalism, communism, internationalism, information technology, and free-market economics. In considering how we could make the earth livable for all, she works out the important relationship between property ownership and justice on a changing planet. Jo Guldi is associate professor of history at Southern Methodist University, where she teaches courses on the history of Britain, the British Empire, modern development policy, and property law. She is the author of Roads to Power: Britain Invents the Infrastructure State and (with David Armitage) The History Manifesto and lives in Richardson, Texas. Twitter. Website. Brian Hamilton is Chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Syndication Made Easy with Vinney (Smile) Chopra
How Do You Increase Your Investments NOI?

Syndication Made Easy with Vinney (Smile) Chopra

Play Episode Listen Later Apr 21, 2022 34:34


Mr. Chopra explains the importance of NOI 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 trash, upgrades to units, media centers, and workout rooms are all things that you can use as an opportunity to bring the property to the current market rent. Also, reducing concessions and reducing the loss of lease is going to increase your NOI. You need to consider other expenses like taxes, insurance, marketing cost, property management, and payroll. To increase the rent, you need to justify the increase by increasing the amenities. Vinney goes into such detail on how to increase your NOI and all the considerations that you need to take into account when taking over the property. - Amazon lockers - How to make income and increase the rent? - Make sure that each unit is uniquely placed and charge for the difference. - Putting in nests - USB, cameras and making it more of a SMART property. - Security equals peace of mind. - Special events for the residents. - The accounting department must be on point - Don't get ripped off. - Make sure the takeover is seamless or you will lose your tenants - It's all about negotiations when dealing with contractors. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------

Best Real Estate Investing Advice Ever
JF2786: 8 Ideas for Increasing Your Office Building's Occupancy ft. Scott Haskin

Best Real Estate Investing Advice Ever

Play Episode Listen Later Apr 19, 2022 26:21


Scott Haskin accidentally became a commercial real estate investor, landlord, and property manager after purchasing a set of old cannery buildings. It was a heavy lift project from a value-add perspective, and Scott handled much of the work himself. In 2011, he 1031-ed the property into an office building in the central business district of Lincoln, NE. In this episode, Scott and Ash discuss what actions can be taken to increase the office building's occupancy after a recent decline Scott Haskin | Real Estate Background Founder of Has Properties LLC, where Scott focuses on asset and property management. Portfolio: GP of a commercial property (warehouse and office), an office building, fourplex, duplex, and a single-family rental. Based in: Gardnerville, NV Say hi to him at: LinkedIn Best Ever Book:  Making it in Real Estate: Starting Out as a Developer by John McNellis Commercial Real Estate Investing: A Step-by-Step Guide to Finding and Funding Your First Deal by Mike Sowers Greatest Lesson: Taking the time to properly screen and select tenants. Click here to know more about our sponsors: Cornell Capital Holdings | PassiveInvesting.com | FollowUp Boss