22/12/2019
This post is long overdue. Our renovation project is finally complete. Thanks to my great friends Herman, Anna and David for being excellent project managers for me. They poured their heart and soul into this project.
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“Action. It is always your next move.” Napoleon Hill🔥🔥🔥
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Super thrilled to announce the completion of our apartment complex renovation in San Antonio, TX. Thanks to my mentors Tim Bratz, Jorge L. Abreu, Devin Elder for their guidance. 👨🏫👨🏫
🏋️♂️🏋️♂️Overall Goal: Harden the property and make it a better place to live for tenants.
Key Takeaways:🖋🖋
✅Stick to your timeline. Our goal was six months, we finished in three.
✅Keep it simple: Knock out the exterior areas and then focus on the vacant units.
✅Focus on the value-add items
✅ Energy efficiency is good: LED exterior lights and energy efficient solar screens.
✅Expect to get hammered and be challenged over and over again. Get back up, dust yourself off, and accelerate on!🚀🚀
👉👉Next Step >>> Stabilize the occupancy and bring the rents up to market rate.