I toured a 131-unit today 🏢

[Justin Goodin]

Hey everyone,

I toured a 131-unit property today in Indianapolis, IN. Every deal you see come on the market today is a ‘value add’, but as you can see, this is ACTUALLY a value add 😄. 

This was a C class property in a C area of Indy. Needs a ton of capex and there is a big opportunity to improve the in place management team.
 
What are some specific things you like to look for on a property tour? What questions do you ask the management team?

Any crazy stories you can share?

Overall, had a great time!