DON'T do this to your properties

Our first deal that we did, we bought an apartment complex. It does well. We execute on the game plan, right? It could have been done better. And the reason is we should have improved it a lot more because right now we're having to deal with the headaches that we wouldn't have been dealing with if we had done it the right way. Even over-improved, I would argue, would've been better.

What's an example of one of the things that you've had to come back and do that cost money?

For example, cast iron pipes, right? If we had done it right, we probably would've switched to PVC. Yeah.

We underspent and put some Band-Aids on that we shouldn't have. We didn't know. We didn't know. So it is what it is at this point, but we still suffered the consequences of that. Whereas Cookeville, we did it right. We went to the studs. We did everything, everything right. Over-improved. We have fantastic tenants. We drove the value of that property beyond what we thought was possible, beyond what honestly that market should tolerate. It should. Yes. Now we get like a phone call or two a month on that. And it's just like our time is worth so much more.