Top JB2 Tweets of 2023

These are the top 8 tweets of 2023. They are ordered based on popularity. Each tweet has some commentary from us. You can click on the picture of the tweet to go to it directly on X. We hope you enjoy them as much as others did.

1.) This is the only tweet that has gone viral, with 6.2 million views. This unit had a long-term tenant we never accessed; these are pictures of how we found it.

2.) We recently began looking for deals again after taking a break during our transition to new management. That gave us the time and focus to right the ship with our operations. We are proud that we stayed disciplined, not looking at new deals until things had turned around.

3.) This shoe has begun to drop. We have started seeing some foreclosures and loan maturity issues on apartment deals. How deep these issues become will depend on what happens with rates in 2024.

4.) It’s a delicate balance, an art, and a science, to determine the adequate rent renewal amount to avoid high turnover. Granted, some will move regardless because of life changes.

5.) It’s amazing the information you can find about particular apartment buildings just by doing some google searching.

6.) It’s important for us to put in the work to look for the crumbs in the cracks that can create real value.

7.) We haven’t been perfect at allocating enough funds for system repairs. It’s something top of mind for us and a big reason we will buy newer in 2024. Either it’s newer and/or has had substantial improvements to the systems.

8.) This will be ongoing focus for us on any new deals in 2024 and beyond.

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How Rising Interest Rates Have Affected Real Estate Prices