JF2763: 100% Tenant Turnover in 6 Months: Tips for Overcoming Value-Add Hurdles On Challenging Properties ft. Ben Suttles
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...
The Best Ever CRE Show · Joe Fairless
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Show Notes
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
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