Beyond Rent: Exploring Property Management
Creating Investment Value in Challenging Times
Jun 2, 2024
Scott Jacobson from Onward Equity discusses creating investment value in property management. Topics include adding value through renovations, importance of resident care, challenges like rising interest rates and insurance costs. Emphasizes treating residents well for success in property management.
35:06
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Quick takeaways
- Renovating properties can create value for both investors and residents by enhancing living experience.
- Balancing property renovations with market demand and tenant affordability is crucial for adding value.
Deep dives
Creating Value in Real Estate for Residents and Owners
A key focus of the discussion revolves around the challenges in property management and the importance of creating value for both investors and residents. By renovating properties to make them more appealing and comfortable, both parties benefit. Upgrading older properties to feel new and homely not only increases the value for investors but also enhances the living experience for residents, leading to a mutually beneficial outcome.
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