Episode #134: Managing up C & D Class Properties with Guido Nunez

Investors often pass on C and D class properties but if you’re willing to do the work, you can get some great returns. Returning to the show for a conversation on this subject is Guido Nunez. Guido is the founder of ChrisLina Wealth Partners. He has over 200 doors and runs The W2 Investor, a company focused on helping the everyday working professional become an investor and create passive income streams. Tuning in you’ll hear what constitutes a D class property, what Guido focuses on when he takes over one, and what has to be done to promote a D class property to a C class property. Guido talks about some of the biggest challenges that he has faced, how you can avoid making the same occupancy mistake he made, and a big lesson he learned about having high reserves. To hear about one of Guido’s biggest wins and how you may be able to achieve the same success by investing in C and D class properties, tune in today!Key Points From This Episode:An introduction to Guido Nunez of ChrisLina Wealth Partners.Guido’s definition of what constitutes a D class property.What he focuses on when taking over a D class property.Why it’s important for the property manager to meet most of the residents. What has to be done to promote a D class property to a C class property.Some of the biggest challenges that Guido has faced when it comes to D properties.An occupancy mistake that Guido made and how to avoid doing the same thing.A big lesson he learned about having high reserves in D class properties. One of Guido’s biggest wins. Why knowing the residents really well is Guido’s asset management superpower.The three segments of D class properties that Guido uses when considering where to invest.Why Guido continues to buy D class properties.Links Mentioned in Today’s Episode:Guido Nunez  TheW2investorGuido Nunez on InstagramEpisode #51: Boost Your NOI for Big Profits with Guido NunezAsset Management Mastery Facebook GroupBreak of Day CapitalBreak of Day Capital InstagramBreak of Day Capital YoutubeGary Lipsky on LinkedIn