Henry Che’s Post

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Real Estate Asset Manager and Land Developer / Ex-Pharmaceutical IT

Ever bought a multifamily property right before COVID? Yeah… we did. Talk about timing. The previous owner was ready to move on, trading up for something with less hassle and a lower cap rate. We saw potential. And we jumped in, ready to turn it around. Here’s what we did: Renovated the physical condition—goodbye old appliances, hello modern upgrades. Replaced every outdated fan, tore out the old carpet, fresh paint on the walls, and swapped out bathroom hardware. Changed up the management—new team, new standards, better results. Improvements? Check. Then came the fun part—refinancing during rising interest rates. Stressful? Oh yeah. But with the cash flow soaring, we pulled through. And then? Offers started rolling in—at three times what we’d initially invested. That’s when we knew—we didn’t just survive. We thrived. It’s never boring with multifamily value-add projects. Sure, there’s stress, but seeing the results? Totally worth it. P.S. Ever taken on a project that looked risky but paid off big? Let’s swap stories! Delphine Dung Nguyen, CCIM Che Capital Asset Management

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‏‏‎ ‎Will Curtis, CCIM, CPM

Commercial Managing Director at Phyllis Browning Company | National CRE Educator | Army Veteran & Advocate | Property Operations Whisper | Maximizing Returns for Investors through Operations | Love to help New Agents

2mo

Congrats Henry Che! Incredible journey! It’s great to see how hard work and vision can turn a challenge into a success.

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