The Fort
#331 - David Moore - Co-Founder & CEO @ Knightvest Capital - Investing in 55,000 Apartment Units: Stories, Lessons Learned, and Insights On Current Apartment Market
Jan 16, 2024
David Moore, Founder and Managing Partner at Knightvest, discusses making key hires to grow the company, the explosion of the Class B multifamily market, a walkthrough of a typical deal, the American renter in 2024, construction and labor cost hikes, and a state of the market update 2022-2024.
01:27:01
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Quick takeaways
- Taking care of existing residents is a priority to establish positive relationships and create value.
- Focus on renovating vacant units and improving common areas to provide a high-quality living experience.
Deep dives
Focus on Taking Care of Existing Residents
After acquiring a property, the first priority is taking care of the existing residents. The team ensures prompt response to resident needs, addresses maintenance requests, and improves the overall living conditions for current tenants. This is done to establish positive relationships with the residents and create value for them.
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