INDEX OF ARTICLES
How to create additional revenue with your investment property and increase the value of certain buildings and properties., Improving some basic technology can increase revenue, increase property value, and help gain a competitive advantage of the competition. This can be accomplished by offering bulk satellite TV, Internet, and phone services to apartments, hotels, or investment properties. Adding these services will also will increase CAP rate and help attract and retain tenants.
BULK UP ON BULK AMENITIES, Property owners should renew their interest in bulk, especially higher-end bulk. It’s a great amenity to
offer in a soft market. But make sure to deliver real value...."More and more property owners are buying cable TV and, in many cases
broadband services on a bulk basis from their service provider. They then include the service package in with rent..."
MORE DEMAND FOR MORE AND BETTER BROADBAND CONNECTIONS, The number of broadband households is reaching the critical mass needed
to spur the development of new devices and applications – and that, in turn,
will create even more demand for more and better broadband connections.
OnLive’s approach to gaming hardware is low-cost and minimalist because the
game engine is online. With an increasing demand for Broadband, apartment renters
will be putting priorities on apartments with better amenities, including
high speed internet and satellite tv.
BULK SATELLITE & INTERNET SERVICES IMPLEMMENTED AT TIMBERLINKS APARTMENT COMMUNITY
Given the algebra of multifamily valUations, where a property’s disposition value is linked to – and multiplied by –
the revenue it generates each month, Lynd estimates that the company added $1 million to Timberlink’s value in just over 90 days by buying TV services
in bulk and then reselling them to residents. Add to that the fact that The Lynd Company has been able to push rents by about 10 percent since taking over Timberlinks’ management, and they’ve got a recipe for profitability.
|
|
