3 ms·
> What value do you provide then? The main value add was capital to build the dwellings in the first place. If that capital didn’t exist, then the dwellings wo
by csa 2y ago
> What value do you provide then?
The main value add was capital to build the dwellings in the first place. If that capital didn’t exist, then the dwellings wouldn’t exist either.
The fact that the ROI of that capital is extending to multiple generations may be unpalatable, but it may not be unreasonable (lots of variables).
A secondary value in this case would be hiring a good property management company. Some of those companies really suck, and some are really good. As a tenant, you want one of the good ones. A silent owner who is willing to give a healthy rev-share to the management company is the type of owner you want.