Terri Clifton and Michael Knight of Better World Properties LLC join Multifamily Matters Radio host and producer Paul Marks, CAS and Clark Gregg of Fidus Construction Services for Episode 4: Insider Secrets: Asset Preservation and Capital Improvements for Multifamily Properties. Live air – Houston’s Business Radio – 1110 AM – KTEK at 10 a.m., Friday February 23, 2018.
Can’t make it live at 10 am this Friday? No worries. We’ve got you covered. Click here to listen or listen below.
In this episode, a powerhouse of industry veterans look deeper into the art of due diligence, looking not only at larger buyer expenses such as roof, siding and paint, but also risk/trip hazards, and life/safety issues. Learn how to view a property through the eye of a multifamily industry veteran. What are lenders looking for right now when it comes to capital improvements?
Michael Knight, Vice President of Operations at Better World Properties LLC, discusses the delicate balance of capital repairs versus capital improvements. How to keep your properties humming and where to invest capital improvement dollars that will increase revenues and value over the long term.
Terri Clifton, President of Better World Properties LLC, a respected leader in the Texas multifamily housing industry since 1987, discusses the exciting arena of multifamily value-add. Value-add where real money can be made in apartment investments. It is also where real money can be lost if one is not well versed on what to look for and more importantly, what to look out for. Terri shares a story on creating $1 million dollars worth of value out of water!
Clark Gregg, Vice President of Operations at Fidus Construction Services and shares insights into trends we’re seeing now in lighting fixtures and carpet. How $20-$30 per door can quickly pop the outside of an apartment unit.
Where are the leading trends in value-add? Are granite countertops still desirable? Where to put your apartment investment dollars so they translate into long-term value? LED lighting, green programs, water conservation? What drives millennials to your apartment properties versus your competitors? Are there deals still available after Harvey? Are you looking for deals in Texas? It’s all in Episode 4. Enjoy the show!
Multifamily Matters is the only broadcast radio show in the nation that is focused solely on multifamily. Why? Because multifamily matters!
Terri Clifton – President Better World Properties LLC
Michael Knight – Vice President of Operations, Better World LLC
Clark Gregg – Fidus Construction Services
From left to right: Terri Clifton, President, Better World Properties LLC; standing: Paul Marks, Multifamily Matters Radio host and producer; Clark Gregg , Vice President of Operations, Fidus Construction Services; Michael Knight, Vice President of Operations, Better World Properties LLC.