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Updated over 4 years ago,
Poorly managed multi family
Have you ever recovered a poorly managed multi family? I haven’t and that’s why I reach out now for advice. I have an idea to take a poorly managed multi family property and add value to it by not only physical improvement but also improving the community. Does It make since to provide financial education resources to the current tenants leading up to rent increases to help the transition? What is the hardest thing about these transitions? I’m specifically referring to c class properties with b class potential.