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Updated 9 months ago,
It may not be a popular bragging point but it is needed
Yesterday, I had the opportunity to drive through a potential community with my parents. One of the regular comments was about the condition of the park and how badly it needed to be cleaned up.
This is the point, if you as an investor are not the one to do it, who will?
Will the next buyer make the community safer and a place that shows respect for those living there. I know that these communities are not all Class A but these communities look bad because of bad management just as much as unaccountable tenants. I often think about the kids living in the communities and how it will positively change their childhoods.
In one community we put in a new road and the kids started using their scooters the same day, before we did that they were riding on dirt roads with Razor Scooters, yikes.