your goal as an apartment owner is to have the mature phase last throughout your ownership. During the mature phase, the building is rented up, and tenants pay their rent on time. The manager is able to keep the property looking good, keep tenants happy, and still deliver cash flow. At the same time, the property value is increasing.
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owner:
Redemption - (no access) - [David_Lindahl]_Multi-Family_Millions_How_Anyone_(b-ok.org).pdf, p83
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