Investor · Miami, FL · Member since 2018 · 7 posts · 0 votes
I would love to get some perspective on how multifamily owners think about maintaining aging properties, rent growth, and savings on operating expenses. Please comment if you're open to chat!
Currently working on a program starting in South Florida that can get multifamily owners between $5,000-$25,000+/unit in improvements in exchange for keeping rents stable for a few years.
The difficulty in not raising rents in Florida these days is the skyrocketing property insurance. I would need to assess the balance between the improvement incentive and the impact of not raising rents on cash flow.
The difficulty in not raising rents in Florida these days is the skyrocketing property insurance. I would need to assess the balance between the improvement incentive and the impact of not raising rents on cash flow.
The difficulty in not raising rents in Florida these days is the skyrocketing property insurance. I would need to assess the balance between the improvement incentive and the impact of not raising rents on cash flow.
Hey Taylor, thanks for the reply. Just sent you a private message.
I think there is something to keeping the property rented. The hardest part about today's market is vacancy loss. We are keeping a close eye on this in Tampa now.
Hello Jason Belisario. You are saying you live in that huge mess called Miami and you have zero kowledge about what you are doing, but, you are, "working on a program?" Sorry, this is getting too weird.