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Multi-Family and Apartment Investing

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Mario Brown
  • Investor
  • Greenville, SC
107
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163
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Improving Grounds | 36 Unit

Mario Brown
  • Investor
  • Greenville, SC
Posted Sep 22 2017, 19:41

Going through a 36 unit repositon Spartanburg, Sc. First things I knocked out were...

-seal coat parking lot

-new roof

-wrapped fascia board

-painted and improved on-site laundry

Trying decide wether I should paint the entire complex or not for overall aesthetics and "rebranding." 

There is more to consider than the numbers on such a qualitative improvement, this is going to be a spirit lifter. 

How do you all weigh an improvement like this?

Warren Buffet says when evaluating intrinsic value "it is better to be generally right than precisely right." I think he is right here?

Here is where we currently are in project.. link in signature. 

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