Attracting future tenants and letting them stay for a period doesn’t only focus on the beautification and renovations done in the property but also on the kind of neighborhood they will be.
Pete Kelly, CEO of Apartment Life, talked about the impact of improving communities, in terms of relationship building, in the whole process of increasing the value and demand of the property. Thus, resulting in a low tenant turnover rate and more cash flow for investors.
Building relationships can sustain wealth.
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The Wealth Elevator Podcast: Real Estate, Taxes, Investing