net operating income

Net Operating Income : 10 Ways to Improve NOI in 2020 in Multifamily

Net Operating Income Ideas to Improve :  Let’s Start with Revenue… As many readers are aware, there are two ways to impact net operating income. Increase revenue or decrease expenses. Let’s dig into the former. 10. Increase Laundry Income by 25% Many laundry machines we find are between $1.00-$1.50 per load. This doesn’t even cover […]

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property tax

Property Tax Exemptions in Illinois

What is an Exemption? Exemptions on property taxes lead to a reduction in property value assessment (EAV or Equalized Assessment Valution) and lower your property taxes. These are NOT a dollar for dollar reduction in property taxes. Some exemptions need to be filled for annually – as shown below. Homestead Exemption Do you live in […]

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