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Raising rents by $25,000 just increased the value of the property by $312,500! Ain’t repositioning great? This may take you only a couple of months to do. Maybe because of not many leases expiring, it could take longer. But regardless of the time it takes, is it hard to do? No! All you did was raise the rents. And to be accurate about it, you didn’t even do that! You had your management company do it for you! That’s an example of a nice, clean repositioning.
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owner: Redemption - (no access) - [David_Lindahl]_Multi-Family_Millions_How_Anyone_(, p76


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