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Article: A diamond in the rough: with a well-executed value play, a smart buyer can transform an underachieving property into a lucrative gem.(Independent Rental Owner)
- Article from:
- Units
- Article date:
- May 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 National Apartment Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A poorly performing rental property often appears to be a hopeless cause. But one owner's decision to sell can be a boon to an independent rental owner (IRO) who has learned the secrets of a successful value play. When property is performing poorly, causing the seller to divest the property at a deep discount relative to the current market price for similar properties, a buyer may execute a value play. In those cases, the buyer usually must foot the bill for extensive renovations to bring the property back to market conditions. These renovations can bum hundreds of thousands of dollars and often take many months to complete. They almost always require eviction of 15 ...
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Article: Analyst sees Tyco as value play
The Milwaukee Journal Sentinel;
June 24, 2001 ;
700+ words
...Street Smart Analyst sees Tyco as value play Diversified company expected to keep its business growing By KATHLEEN GALLAGHER of the Journal Sentinel staff Sunday, June 24 ...
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