Passive Income Through Multifamily Real Estate

Episode #122: Managing Renovations with Andrew Campbell

Informações:

Sinopse

Today on the show we welcome Andrew Campbell, the co-founder at Wildhorn Capital, a multifamily operations group in Central Texas. Currently, they have 1,800 units that are all value ad and within the B to A-minus asset class range. Andrew shares with listeners how they have been doing in-house renovations with great success, partly due to the savings they make on bulk purchases and focusing on those renovations that give you the most bang for your buck. He also discusses the advantages of having the products on hand and using the same ones across all their assets, and why they choose vinyl flooring throughout all their apartments. We switch to discussing the importance of communication between the asset manager, on-site manager, and GCs, and Andrew also gives advice about value add renovations in general.  Key Points From This Episode:Learn about the Wildhorn Capital operations group and its number of units. How Andrew and his team manage the renovations on properties in-house. Buying flooring, light fixture