Property Improvements - Everybody Wins07 Oct 2023
Something that excites me about the real estate business: It it possible to structure deals so that everybody wins.
- Residents win when we buy a property and improve it. We’re giving them a great place to live.
- Investors win because our improvements make it possible for the property to generate more income. The additional income is shared between our investors and our team.
Wonderful things happen when we structure a deal in the right way!
Sunday Morning Walk-Through
We shot the above video on a Sunday morning. I was walking through one of our properties, one of our first deals in the State of Arizona.
Here are some of the improvements we’ve made so far:
We replaced all the electrical panels. This makes the apartments safer for our residents, while reducing our insurance expense.
We have added French drains to the parking lot to improve water drainage. This prevents water from running against the building. Left unchecked, water can cause other damage.
Added washers and dryers inside of the units. This makes laundry more convenient.
Replaced the roofs on the buildings.
Every improvement gives our residents a better place to live. And that feels great!
About the ROIClear Team
We buy multi-family apartment properties, fix them up, and give people a great place to live. In the end our investors get capital preservation, tax advantages, and a solid return on investment