Скачать или смотреть Distressed Property, Tenant Fire, & Chaos—Here’s Why We Bought It

🔥 Tenant fire. No systems. Bad management. Still bought it.

We walked into this 3-story Denver walk-up after a fire broke out right before closing—a resident left a hoverboard charging and lit the third floor unit.

Most buyers would run. We leaned in.

Here’s how we turned this distressed deal into a stabilized asset:
✅ Dealt with fire damage and no systems
✅ Kicked out problem tenants + added security
✅ Installed in-unit washer/dryers for rent premium
✅ Added amenities like bike racks for long-term resident satisfaction
✅ Leased up and stabilized with strong upside

This is why execution and systems matter more than ever in multifamily.

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