What investors can do to bring value to their rental communities

By April 21, 2017 Inman No Comments

As investors, many of us buy properties with grandiose dreams of big returns and how this property will be a great addition to our portfolio.

A broker calls us and says he has a deal. We run the comps, complete the due diligence inspections, apply for a loan and make sure the area is not in decline.

We prepare for the transition and begin the on-boarding of the property just prior to closing so we don’t miss a beat in the process. We look at the rent roll to see where we are with each resident and decide whether to increase the rental rates.

The one thing that many investors never tend ...

Want to view this article?

Sign up, or log in, to instantly access this exclusive Inman Select/WFG content.
There's no catch (we promise), and we’ll even send you a weekly recap email with the hottest articles every Friday.