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The Best Ever CRE Show

JF2763: 100% Tenant Turnover in 6 Months: Tips for Overcoming Value-Add Hurdles On Challenging Properties ft. Ben Suttles

The Best Ever CRE Show

Best Ever CRE

Entrepreneurship, Investing, Business

4.7996 Ratings

🗓️ 27 March 2022

⏱️ 34 minutes

🧾️ Download transcript

Summary

Ben Suttles, managing partner at Disrupt Equity, faced a problem on his deal: there was 80% occupancy, but only 35% of the tenants were paying rent. Add in the crime rates and drug deals that occurred on the property, and he soon found himself having to do massive turnovers to the complex. Ben shares the lessons learned from this challenging deal and how he was able to turn it around for a profitable outcome. Ben Suttles | Real Estate Background Managing partner at Disrupt Equity, a multifamily real estate syndication firm dedicated to providing investors with strong passive income opportunities. Portfolio: Over $200+ million in AUM with 2,000 units across Texas and Georgia LP of 2,500 units Based in: Houston, TX Say hi to him at: www.disruptequity.com Facebook: Ben, Disrupt Equity Instagram: ben.suttles2, disrupt_equity Best Ever Book: Traction: Get a Grip on Your Business by Gino Wickman Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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1:05.0

Deals and money.

1:06.0

We are constantly seeking deals and money as real estate investors

1:11.0

and I bet you're having a challenge right now especially with

1:15.2

deals if you're like most real estate investors because it's up to find deals right now

1:19.6

but here's the thing there's a competitive advantage out there that when implemented it will help you

1:25.2

accomplish your objective of getting more deals and or getting more investors.

1:29.6

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1:37.6

CRM for real estate. This is the system you need in place so you can reach out to owners and brokers directly

1:44.7

for deals or you can follow up with your investors and you do it all in one spot.

1:49.1

The CRM makes it 10 times faster to call and text owners, then integrates those into a software so nothing

1:55.6

slips through the cracks.

1:57.1

The follow-up boss conversion system and powerful management tools help align your methods

...

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