Episode 76: She transformed her 20-unit, learning as she went, all while having a full-time job!
In this episode, Karyntha Walsh joins True Multifamily to share her experience of buying a 20-unit building with her fiancée, how their occupancy went from 19 to 7 in 2 years and how they turned it all around! She shares all the mistakes that they made, how she changed property managers and became a GC to their 20-unit. In 2018, they were able to turn everything around, learning from their beginner mistakes and raised rents more than 50%.
Karyntha also shares how a good property management company is an asset, being in constant communication with the property manager regarding their rules, requirements, and the standards they want to set for the tenants.