Shafiq Hirani CCIMReal Estate Advisor, REMAX Distinctive · Real Estate Advisor at RE/MAX Distinctive Commercial | Washington, DC | Your Guide To Profitable Real Estate Ventures

Fix Leaks & Contracts: Boost NOI Without Raising Rents! #shorts

24 Jun 2026 · 1 min

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In this short, the speaker shares a real‑world example of how an apartment‑building owner who believed she needed to raise rents to boost Net Operating Income (NOI) discovered a simpler, more profitable solution. By identifying a long‑standing water leak and a trash‑hauling contract priced 40% above market, the speaker’s team fixed the leak and rebid the contract, cutting operating expenses. The expense reductions raised the building’s NOI without any rent increase, strengthening the asset’s profile for future refinancing. The clip emphasizes that many owners can achieve similar gains by auditing hidden cost leaks rather than relying on rent hikes.

Chapters

Here is a quick example. I worked with an owner who was convinced she needed to raise rents to improve her NOI. But when we looked at her building, we found something simpler. She had a water leak that had been running for months and a trash hauling contract that was 40% above market rate. We fixed the leak, rebid the contract, and recovered meaningful income without raising rents a single dollar. Her operating expenses dropped, Her NOI improved, and her building became a stronger asset for any future refinance. That is the kind of work available to every owner right now.