Sometimes we only hear how we can improve a property physically or operationally. While they are very important to know, we need to have an understanding why your investment can/ will fail if you don't properly address some key factors. Some of the most critical include:
1. Bad partnership or sponsorship team
2. Bad Market/ Demographics
3. Bad Property Management
4. Poor Underwriting
5. Being under-capitalized
These are in no particular order but all are extremely important and it is necessary to have a plan for each. Listen to this episode as we go deeper into each one of the categories.
Whether you are a passive investor or lead investor, DON'T make the mistake of ignoring any of these.
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