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Training Trivia

It is wise and acceptable to use a criminal background check to eliminate any candidates with a criminal record prior to getting to final interviews when hiring.
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Apartment Blogs


Apr 04
2008

Time to Renovate?

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Posted by: Brent Williams on Apr 4, 2008 19:00

Tagged in: Renovation , Construction
I'm not on the construction/building side of the multifamily industry, so I may be a little out of my area of expertise on this one, but I have one question to pose: Is now a great time to renovate? Assuming you can get financing, which right now is a pretty big "if", raw materials might be extremely inexpensive. I admit I don't know this firsthand, but it seems like a good bet that with the extreme slowdown on the housing market, excess inventory is probably readily available. A good buyer should be able to get strong discounts for all sorts of materials, from lumber to fixtures. Of course, this assumes that you aren't fighting for your life in the current economic condition, so everything is relative, I suppose.

Just something to think about...


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