Join Josh Appelman as he shares insights into revitalizing multifamily properties through strategic repositioning and hands-on management. Discover how his team targets distressed assets, implements extensive renovations, and achieves sustainable growth in competitive markets like Cincinnati and Dayton. From overcoming challenges with property management to enhancing tenant retention through superior service, Josh discusses the meticulous approach that propels his portfolio towards long-term success.

00:00 00:22 Introducing our guest: Josh Appelman 03:15 Self management or Third party management? 05:30 Finding the right people? 08:26 You've got to have competent people. 09:00 The importance of setting goals 11:21 Ways to increase income in multifamily 14:52 Pets, Pets, Pets! 16:19 It's crucial to constantly monitor your expenses! 23:43 It boils down to service 26:47 Confidence comes from competence 32:24 2025 Multifamily and economy Outlook 33:45 Taxes and Insurance - We're all hurting! 40:20 Advice to your younger self.

Company: Appelman Capital Appelmancapital.com FB: Josh E. Appelman

In this episode of the Apartments Operators Podcast, our hose, Joseph Gozlan, is joined by Steven Weinstock, a very experienced multifamily operator that brings a perspective of an investor/operator spanning across two full cycles! Steven owned anything from small 2-4 units properties to large apartment communities and shares his experience over the last couple of decades and his insights about where the market is going in 2024.

00:00 01:34 How Steven got started investing in real estate 02:50 Why Steven chose self manage 04:28 Setting up a Management Structure 07:12 Steven's approach to screening tenants 10:13 finding good people for your property 12:19 There's just no replacement for experience 16:36 Tenants Retention 32:40 2024 Market Outlook 35:36 Advice to my younger self 37:25 It's great to buy! 38:27 Real estate is better when you play a 15 years game!