42 min listen
Ask Mike Mondays - When rehabbing a value-added property; where do you start first?
FromOld Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
Ask Mike Mondays - When rehabbing a value-added property; where do you start first?
FromOld Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
ratings:
Length:
9 minutes
Released:
Mar 19, 2017
Format:
Podcast episode
Description
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
Released:
Mar 19, 2017
Format:
Podcast episode
Titles in the series (100)
Episode 1 - Mac Lawson: Mac Lawson shares with us how he was able to quit his job in the financial services business soon after he started investing in real estate. Mac owns a 176 unit apartment complex and over 50 houses in the DFW area. You will hear how he acquired and... by Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles