Posted by FJS Distributors, Inc. You’ve seen it on your balance sheets and cash flow statements, but how much does your net operating income (NOI) impact your day-to-day decision making? Investopedia defines NOI as “a calculation used to analyze real estate investments that…
Posted by FJS Distributors, Inc. Amenities. Amenities. Amenities. Today’s renters want (and sometimes expect) amenities that make their lives easier. Over the years, in-unit laundry has been a top-requested amenity by renters nationwide. Make this the year you make the investment….
Posted by FJS Distributors, Inc. Part of owning, operating or managing multi-family housing properties is making sure your units remain attractive to current and prospective residents. One of the best ways to ensure your property keeps its competitive edge is through…
Posted by Richard Mertz Trending now in the multi-family industry Ventless dryer technology has been around for years. In fact, compact ventless units have been used in Europe and Asia for over 50 years and are becoming more popular in the…
Posted by Richard Mertz In-unit laundry is a sought-after amenity, and the advances in laundry technology have made adding in-unit laundry easier than ever. In-unit laundry can increase property value, reduce turnover and increase rent and resale values. The Multi-Family Executive explained that…
Would you believe it if we told you that the average American household completes 8 loads of laundry each week? That’s upwards of 30 loads each month, and over 400 loads of laundry every year. Multiply that by the number…
If you’re thinking about adding in-unit laundry to your property, you’ve probably done your research. You know that adding laundry to your units is a value-add project that will increase your property value, and that in-unit laundry is a highly…
It’s timeless. It’s durable. It’s affordable. It’s stainless steel. It is no secret that renovated apartments rent faster and can command higher rents. Upgrades to flooring, cabinetry, countertops or windows require construction, which can be difficult, expensive and timely. Upgrading…
When it comes to property management, you know your stuff. You know, for example, that in-unit laundry is one of the most desirable amenities in any rental property, be it a condo, an apartment or a multi-family housing unit. You…
In-unit laundry allows you to increase rents by $50-100 per month per unit. Plus, it decreases turnover. Ventless dryers make in-unit laundry possible for almost any building – without expensive retrofits. People often come to us with questions about ventless…