Ep. 25: Investment Strategy - Up and coming neighborhoods, small/med. size buildings, and value-add
Jamison, Rocky, and John review Neighborhood Ventures investment strategy: Up and Coming Neighborhood in Core areas -Many buildings available in core urban areas provides sustainable deal flow Small - Medium size buildings -10-100 units -Smaller building sizes helps avoid competition from institutional buyers -Often not professionally managed by prior owners. Better management can result in higher cash flow and property appreciation Value Add to buildings w/ below-market rents -Intelligent renovations that appeal to today's renter -Rent increased so it is in line with market 819671