Old Capital Real Estate Investing Podcast With Michael Becker & Paul Peebles
Ask Mike Mondays - When rehabbing a value-added property; where do you start first?
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:08:38
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Always have a physical due diligence report done BEFORE you buy the property. Make sure that you understand the rental submarket and the tenant demographics. Rely upon the information from a qualified property management company that operates in the same submarket. Don’t over improve the asset too much for the submarket; if the market doesn’t recognize the improvement (pay you more rent) you could have thrown good money after a bad idea. Listen to Michael's thoughts