Delve into the importance of market expertise, as our expert encourages aspiring investors to wear blinders and become absolute experts in a specific area. Uncover the wisdom behind investing in Class B assets, with a focus on properties that offer substantial upside potential due to thoughtful management.
But it's not just about acquiring properties; it's about optimizing and adding value. Our guest shares ingenious strategies for increasing revenue without major construction, from pet rents and parking fees to utility billback systems. Discover how they've mastered the art of creating a sustainable income stream while maintaining control of their time.
And when it comes to property management, learn the valuable negotiation tactics to optimize your management company's resources. Find out how to strategically share management personnel between properties, ensuring effective oversight without breaking the bank.