FJS Distributors, Inc.

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Give Your Property a Competitive Edge: Apartment Renovations With a High ROI

Posted by FJS Distributors, Inc. on November 27, 2018

There’s a lot of research out there on Millennial consumer behavior. This interesting generation is unlike any other, and they don’t behave the way we expect. This is good news for multi-family property owners, because Millennial behavior indicates that they’re waiting longer to get married, start families and buy homes.

One of the primary factors for an entire generation’s delayed homebuying has to do with their preferences on where to live, according to a new study by the Urban Institute. Results show that homeownership rates are “eight percentage points lower” than both Gen X and Baby Boomers in the 25-34 age range, and that educated Millennials are choosing to live in more expensive urban centers. Housing prices in these areas are skyrocketing, making it more economical for younger adults to continue renting.

Renters may not be moving into homes, but they are certainly moving into different rental properties. Whether they’re relocating for a job or educational opportunity, need more space or want better amenities, Millennial renters are seeking out the best of the best when it comes to rental properties.

Property owners can give their units a competitive edge with smart apartment renovations.

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Upgrading a Kitchen? Add Black Stainless Steel Appliances

Posted by FJS Distributors, Inc. on September 06, 2018

Black stainless steel. It’s more than just the next big thing in kitchen design. It’s a new spin on timeless, classic stainless steel appliances, and it’s here to stay. By their very nature, kitchen design trends are always changing. It can be hard to keep up, and nothing turns potential renters off faster than a tired, dated kitchen.

In the multi-family housing industry, high-quality kitchen appliances are at the top of every renter’s wish list. Property owners often install stainless steel appliances to create a modern look with staying power – it won’t go out of style, and most renters will be pleased with an upgrade to stainless steel. Black stainless steel holds the same appeal, with a less industrial look. The 2017 U.S. Houzz Kitchen Trends Study placed black stainless steel appliances among the primary colors for kitchen renovations, and are gaining popularity across all age demographics. To learn more about stainless steel appliances, check out our helpful guide.

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Topics: Stainless Steel Kitchens

Four Great Reasons to Install Compact Ventless Dryers in Your Units

Posted by FJS Distributors, Inc. on July 26, 2018

A competitive rental market means every investment you make in your property must pay off. It doesn’t make sense to add expensive amenities if they won’t lead to higher retention rates and an increased net operating income (NOI). Every year, in-unit laundry remains at the top of almost every renter’s wish list. Upgrading rental units to include in-unit laundry is an investment that pays off quickly – if you install high-efficiency washers and compact ventless dryers.

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Five Energy Efficiency Upgrades That Increase Net Operating Income in Multi-family Properties

Posted by FJS Distributors, Inc. on February 27, 2018

Your Net Operating Income (NOI) helps you keep an eye on how your multi-family property is performing. It takes into account revenue minus any operating expenses incurred from managing and upgrading your property.

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The Best Laundry Appliances for Apartments

Posted by FJS Distributors, Inc. on January 23, 2018

Year after year, in-unit laundry is one of the most highly-sought after amenities in the multi-family housing industry. Residents want to do laundry on their own schedules, and they’re willing to pay higher rents for the convenience of having in-unit laundry.

If you’re interested in just how much renters will pay across the country, check out NAA’s research on Adding Value in the Age of Amenity Wars.

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NOI Calculator Tool | FJS Distributors

Posted by FJS Distributors, Inc. on November 15, 2017

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 generate income.” Your NOI takes into account all revenue your property generates, as well as any operating expenses incurred from managing and upgrading your property. It’s an important indicator of the financial health of your property, and it can help you to determine whether a planned upgrade will result in an investment or a money pit.

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Apartment Living Made Spectacular with Stackable Washer and Dryer Sets

Posted by FJS Distributors, Inc. on September 28, 2017

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.

In-unit laundry may be more attainable than you think. There are several high-quality appliances that offer a quick return on investment. And as ventless drying technology is adopted more widely in the United States, more properties can boast in-unit laundry at a low cost.

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Maximize Your Upgrades: Five Apartment Upgrades that will Increase Your Property Value

Posted by FJS Distributors, Inc. on July 26, 2017

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 strategic, cost-effective renovations. Providing updated units with attractive amenities is key to adding value in a very competitive market. From updated fixtures to upgraded appliances, there’s a lot you can do to update your properties, but which has the best return on investment? What will add value while staying on budget? We’ve explored the top five renovations to help you decide what is best for your property.

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The FJS Blog

For owners, managers and developers of multi-family housing, the FJS Distributors blog is your go-to source for advice on how to add value to your bottom line through appliances. This blog covers topics like:

  • Appliance selection
  • Appliance installation
  • Retrofitting older buildings to add appliance amenities, such as in-unit laundry 
  • Benefits and tradeoffs of different types of appliances
Why listen to us? Well, our family-owned company has been a reliable source for wholesale appliances for over 15 years. And we will always give you honest advice. Because our goal isn’t to make a sale – our goal is to be your trusted appliance advisor for life.

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