Re: top dolar repairs - Posted by Ben (FL)
Posted by Ben (FL) on December 18, 2000 at 13:00:21:
I agree with the other two. We bought a 4-plex from these guys that owned another 4 biuldings on the same street. They were starting to make too much money with their mini-storage warehouses and managing the rentals was getting to be a bother for them. Anyway, they always kept fresh paint and relatively new carpet in their units. We benefitted from their tremendous upkeep. Every vacancy we have, people come in, look around and go, “Wow!” and then mention how al lthe other places down the street (except for the ones these guys still own) smell, or are dirty.
When they walk in, see new or freshly cleaned carpet and new paint and go “Wow!” you got 'em.