The Stabilization of Your Apartment BuildingMar 08, 2020
In this post, I discuss the importance of the 'STABILIZATION PROCESS' when investing in apartment buildings. By stabilization, I mean 'maximizing the performance of the asset', namely by maximizing income and reducing operating expenses in order to maximize the NET OPERATING INCOME or NOI.
WHY NET OPERATING INCOME IS IMPORTANT
I always tell my students that NOI is their BEST FRIEND! As investors, our job is always to achieve the highest NOI possible as the value of the asset is driven by the income the property generates.
I hope you'll find this post useful.
Please, leave comments and tell me if there are specific topics you'd like me to talk about in future vlog posts.
FACEBOOK LIVE FREE TRAINING SESSION - Thursday March 19, 2020 at 1 pm MST
I'll be doing an hour-long or so Facebook Live Sessions on the topic: 'The Magic of Cap Rates Explained'. Be sure to catch the replay if you cannot make it as I'll be demystifying cap rates and teaching some great content. Here is my Facebook Page.
If you have not yet done so, please join my Facebook Group.
EARLY-BIRD registration is open for my 2.5-day live workshops across Canada on the dates below.
Here is the link to register: CLICK HERE FOR DETAILS AND REGISTER
Langley (BC): May 1-3
Edmonton (AB): May 22- 24
Hamilton (ON): June 5- 7
I know these dates seem far out, but don't delay to SIGN UP as these are small group workshops and they usually sell out.