Project Management
The North American Industry Classification System (NAICS) code 5416 is for management, scientific, and technical consulting services. This industry group includes businesses that provide advice and assistance to other organizations on management, scientific, environmental, and technical issues. Some examples of services included in this industry group are: Strategic and organizational planning Financial planning and budgeting Marketing objectives and policies Human resource policies, practices, and planning Production scheduling and control planningSome examples of services included in this industry group are:
Strategic and organizational planning
Financial planning and budgeting
Marketing objectives and policies
Human resource policies, practices, and planning
Production scheduling and control planning
Project Management at NB Real Estate LLC (2016–Present)
Over the past eight years, NB Real Estate LLC has successfully established itself as a strategic leader in project management, managing a diverse portfolio of projects that focus on increasing cash flow, optimizing property value, and exploring innovative revenue streams such as Airbnb short-term rentals.
Key project management activities have included:
• Property Acquisition and Development: Identified, evaluated, and acquired investment properties with potential for long-term growth and short-term rental opportunities. Conducted market analysis to determine the viability of properties for Airbnb listings, leveraging high-demand locations for maximum ROI.
• Renovations and Value-Add Strategies: Managed renovation projects designed to enhance both long-term rental value and Airbnb appeal. This included interior design upgrades, installation of modern amenities, and ensuring properties meet the aesthetic and functional standards expected by short-term rental guests.
• Airbnb Short-Term Rental Operations: Developed and implemented Airbnb management strategies, including competitive pricing, marketing, and guest relations. Oversaw property listing optimization, professional photography, and guest reviews to maintain high ratings and occupancy rates.
• Lease Management and Tenant Relations: Balanced long-term leasing strategies with short-term rental opportunities, ensuring sustainable income streams. Collaborated with tenants and short-term guests to maintain satisfaction and high retention rates.
• Financial Oversight: Directed financial planning for both traditional and Airbnb properties, including budgeting, expense management, and revenue forecasting. Negotiated favorable terms with contractors, vendors, and financial institutions to support both long-term projects and short-term rental operations.
• Regulatory Compliance: Ensured compliance with local, state, and federal regulations for both long-term rentals and Airbnb properties. This included navigating zoning laws, short-term rental permits, and safety inspections.
• Innovation and Technology: Integrated property management and Airbnb hosting platforms to streamline operations, such as automated bookings, dynamic pricing, and real-time communication with guests and tenants.
• Property Acquisition and Development: Identified, evaluated, and acquired investment properties with potential for long-term growth and short-term rental opportunities. Conducted market analysis to determine the viability of properties for Airbnb listings, leveraging high-demand locations for maximum ROI.
• Renovations and Value-Add Strategies: Managed renovation projects designed to enhance both long-term rental value and Airbnb appeal. This included interior design upgrades, installation of modern amenities, and ensuring properties meet the aesthetic and functional standards expected by short-term rental guests.
• Airbnb Short-Term Rental Operations: Developed and implemented Airbnb management strategies, including competitive pricing, marketing, and guest relations. Oversaw property listing optimization, professional photography, and guest reviews to maintain high ratings and occupancy rates.
• Lease Management and Tenant Relations: Balanced long-term leasing strategies with short-term rental opportunities, ensuring sustainable income streams. Collaborated with tenants and short-term guests to maintain satisfaction and high retention rates.
• Financial Oversight: Directed financial planning for both traditional and Airbnb properties, including budgeting, expense management, and revenue forecasting. Negotiated favorable terms with contractors, vendors, and financial institutions to support both long-term projects and short-term rental operations.
• Regulatory Compliance: Ensured compliance with local, state, and federal regulations for both long-term rentals and Airbnb properties. This included navigating zoning laws, short-term rental permits, and safety inspections.
• Innovation and Technology: Integrated property management and Airbnb hosting platforms to streamline operations, such as automated bookings, dynamic pricing, and real-time communication with guests and tenants.
Notable Achievements:
1. Airbnb Revenue Growth: Established and managed Airbnb properties that contributed to a significant increase in cash flow, achieving occupancy rates averaging 85% annually.
2. Strategic Property Diversification: Successfully incorporated Airbnb listings alongside traditional rental properties to create a balanced and diversified income stream.
3. Enhanced Guest Experience: Maintained high Airbnb ratings (4.8 stars or above) by providing exceptional guest experiences, leading to repeat bookings and positive reviews.
4. Profitable Turnaround Projects: Renovated underperforming properties into high-demand Airbnb rentals, increasing overall property value and market appeal. Through a structured and innovative approach to project management, NB Real Estate LLC has consistently delivered exceptional results in both traditional real estate ventures and Airbnb operations, driving profitability and maintaining a competitive edge in the industry.
2. Strategic Property Diversification: Successfully incorporated Airbnb listings alongside traditional rental properties to create a balanced and diversified income stream.
3. Enhanced Guest Experience: Maintained high Airbnb ratings (4.8 stars or above) by providing exceptional guest experiences, leading to repeat bookings and positive reviews.
4. Profitable Turnaround Projects: Renovated underperforming properties into high-demand Airbnb rentals, increasing overall property value and market appeal. Through a structured and innovative approach to project management, NB Real Estate LLC has consistently delivered exceptional results in both traditional real estate ventures and Airbnb operations, driving profitability and maintaining a competitive edge in the industry.
