Loss
This is for anyone on the service side thinking about apartment work, because the mistake was simple and I made it anyway. A make-ready, or a turn, is the work done on an apartmen…
Win
Closed on this one 14 months ago as an LP with a co-invest seat, so I got to watch the whole thing. 168 units, 1980s garden product in a second-ring suburb, average in-place rent…
Loss
Twelve month contract, ended it at month nine by mutual agreement. Writing it up because the failure was entirely in one assumption and it's an assumption a lot of people are maki…
Win
I'm an LP on a 96-unit apartment deal, small check, and I read the property management agreement before I funded. It's not the operating agreement, it's the separate contract betw…
Win
Six weeks ago I knew nothing and had no way in. Someone in another thread said leasing response time is where most communities lose money, so I decided to measure it instead of re…
Win
I wanted the license for brokerage originally. Then I got offered a leasing consultant seat at a lease-up, 312 units delivering in four phases, and took it because I figured I'd l…