Tonya had had enough with her property management team of 5+ years — despite having a team to manage the property, her waterfront rental was underperforming and when her tenants left it was A MESS with a ton of deferred maintenance and unfinished projects.
When the Foundation Team was engaged they knew they had their work cut out and saw a TON of upside. Over the next 60 days – vendors were coordinated to update the kitchen and bathrooms, sure up loose ends, paint, clean and produce a rental property that fetched almost $2K/mo more in regular rent with multiple applications!
During active management Tonya’s new tenants expressed interest in purchasing the property. Their initial offers fell short of the desired exit price Tonya had in mind. So Christopher helped Tonya negotiate a deal that got the tenants up over $500K from their original price and facilitated all the inspections, escrow and contracts and paved the way to a smooth close in 30 days.
