Aug 28, 2018
Let’s talk about rehabbing because most people get it wrong. How does it work and relate to work processes for your properties? What does it look like? What should you do? You don’t want your property to look like a construction zone. Some believe the correct way is to do all improvements and repairs at the same time.
The right way is to make the rehab process gradual to show that you care and manage tenants’ expectations. Tenants expect rent to go up every year, and we never disappoint them by doing clean, nice, consistent A-class management. You have to earn the right to charge more.
Topics on Today’s Episode:
Links and Resources Mentioned:
“You should never want your property to look like a construction zone.” - Corey Peterson
“You have to earn the right to charge more.” - Corey Peterson
“We’re in the people business where people live...their home” - Corey Peterson
“You want to be very methodical in how you’re transitioning your property.” - Corey Peterson
Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.