229: Take Care Of Your Residents And Profits Will Roll In

Sometimes adding value to properties has more to do with intangibles such as improving resident culture and building a sense of community than merely improving the physical assets of a property. When residents derive quality of life benefits from residing at a community and take pride in where they live, they’ll see more value in the experience and be willing to pay more to live there and take better care of their property. Demetre Booker, Managing Director at Elevate Commercial, is investing in Manufactured Housing communities in different parts of the country. Demetre’s changing his resident’s lives by helping improve their financial literacy and overall quality of life, and in so doing, he's increasing the profit of the properties and doing very well by his investors.