March Major CapX Results

CapX Spend: 1.4M
March timings: 91%
Quality: 100%
Seamlessness: 4.7/5

Scale: I see so many people that want to scale and grow their businesses or portfolios. However, scaling takes organization and processes. Without it, the disorganization and

Not sure who needs to hear this but you do not have to scale by buying a 100 unit apartment complex early in your RE career.

You can buy a duplex and slowly learn the business to allow for more scale later.

3 years into my RE career I owned only 7 units.

Today I own 4,086.

Lots of great info to share from our HR results last month:

Staffing - Time to Fill: 37.5 days
Training and Development: 3 DPs
Culture - Turnover: 1.92%

As a company grows, HR becomes more and more important to the company's growth. I've spent a lot of time with HR over the

We treat our resident retention process like a marriage. 💍

When residents choose to move out, we don't just say 'See ya, here's your move-out inspection form!' It's just like in a marriage, if your partner wants to get a divorce, you won't just let them walk out the door. The

A simple strategy I learned playing Monopoly that I do now in real life - When I get one apartment complex under contract, I look to buy as much as I can in that area and as close as possible to the first property.

Economy of scale is a very important business strategy. It's

Buying a value add RE deal is as much about a great business plan to reposition the asset as it is a great finance plan.

In today's world, maybe more…

Understanding the right debt options for the deal and having access to it creates more value than I've fully understood in

Welcoming residents into their new homes is more than just showing them where they can pick up their keys. When residents get approved to move into one of our units, we have all of their information already on file. Because of that, we personalize every single move-in experience

Common areas shouldn't just look good, they should smell good.
Grass isn't just 'cut', it's edged, fertilized, and landscaped.
Trash isn't just picked up, we want residents able to walk barefoot to the dumpsters.

Creating safe, comfortable, and clean communities OUTSIDE of

Sharing my Rehab Results for March:

Budgets: 129 total turns, 4.27% over budget for all 5 regions
Speed: 21 days
Quality: 97%

Not our best month here but wanted to share transparently. All categories are lower than normal overall.

*Budgets: We aim to stay within 3% of our

Sharing my Rehab Results for March:

Budgets: 129 total turns, 4.27% over budget for all 5 regions
Speed: 21 days
Quality: 97%

Not our best month here but wanted to share transparently. All categories are lower than normal overall.

*Budgets: We aim to stay within 3% of our

When I worked my “W2” in retail, I had a boss share something with me that has had a profound impact on me and my kids.

My boss shared with me something he did with his kids over the years that they never forgot and helped him connect on deeper level.
His kids were almost out

This is aging well.

Thinking rates will stay here the rest of 24 and that'll mean more opportunities for those ready.

In 2019 I started a PM company to run my RE with 4 employees and 252 units.

Today we have over 100 employees and 4,000+ units(no 3rd party).

Started in a small office in a school we remodeled into office spaces.

We now occupy all spaces except the gym(baseball tenant) but

6months ago we only had “in-person” move-ins.

Residents want convenience & speed. So we built a virtual move-in option.

Last month 74% of our move-ins picked virtual.

Business is change.

Got better today.

Pushing to grow each and every day. Even the smallest amount adds up!

LIVE Q&A on Instagram tomorrow 4/18 at 2pm CST! 🎥

One of my leaders (Joe) and I will be answering ALL of your questions regarding the Repositioning Process and Strategy we use at my PM company. We are looking forward to hearing from you guys and what you want to learn more

🔧 Service Tech Results for March:

Speed: 88.6% (24 hours)
Experience: 4.1/5
Budgets: -6.67% in March | On the year, +3.17%

Across 4k units in 26 different cities, my service tech division completed 1,035 work orders and did 88% of them in 24 hrs or less overall. Speed is

🗣️ Going LIVE on Instagram this Thursday 4/18 at 2pm CST!

Covering insider details on the Repositioning process with one of the leaders of my PM company.

📲 Hit me with questions you want us to cover! This is going to be a fun discussion you won't want to miss.

IG:

Regions 1 & 4 “March” Rehab costs:

Projected budget: $440,578.20
Actual Spend: $454,291.56
Diff: -$13,713.36 or -3.11%

Doesn't matter if you fix and flip or fix and hold… organization matters.

Before I grew my business and RE portfolio, I started fixing and flipping.

One