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Podcast: Multifamily Live
Episode: Improve Property Performance With Efficiency & Community
Description: Hey! Jason Yarusi here.Here’s something I learned from acquiring 1,400 units valued at over $160 million… Apartments are just like any other business.There are 2 ways to increase their value:Increase IncomeDecrease ExpensesThat’s it!Before you starting raising rents, start by improving the business.When you optimize the performance of the property and instill a sense of community, you’ll find tenants are much more open to raised rents.In today’s episode I’m walking you through what I look for when taking on a n...