The Fine Print
Notes on NOI, for the people who keep buildings profitable.
Operating expenses, contracts and the math that turns a monthly saving into asset value. Written for owners, property managers and brokers.
For owners8 min read
How to increase NOI on a commercial property without raising rents
Rent gets the attention. The expense side of the ledger is where NOI is often easiest to find, and every recurring dollar you keep is worth far more than a dollar.$200,000of value from $1,000 a month, at a 6% cap rate, before feesReadFor owners6 min readNOI and cap rate: what $1,000 a month in savings is worth to your building
A thousand dollars a month sounds like a rounding error on a commercial property. Run it through the cap rate and it starts to look like a renovation.$192of value for every $1 a month saved, at 6.25%ReadFor property managers7 min readThe property manager’s guide to finding savings ownership will notice
You already know which invoices nobody reads. This is how to turn one of them into the best line in your next owner report.3documents that prove a savingReadFor owners7 min readHow to read a commercial waste invoice, line by line
Waste invoices are short, dense and rarely questioned. Here is what each line usually means, and the question to ask about every one of them.18.5%a surcharge worth a second lookReadFor property managers7 min readWaste hauler contracts: seven clauses to check before your next renewal
Most of what you pay for waste service was decided the day the contract was signed. These are the clauses that matter most, in the order we read them.7clauses that set what you payReadFor brokers6 min readNOI before you list: operating expense wins that support a higher price
Buyers price the income they can verify. A recurring expense correction made before marketing can be one of the simplest ways to put more NOI behind the ask.T-12the numbers buyers underwriteReadPut your invoice under the light.
One invoice is enough to start. We read it against your contract and send a written report. No savings, no fee.
Audit an invoice