Episode 139: Transforming Multifamily: From Distress to Success with Josh Appelman- Apartments Operators Podcast

Join Josh Appelman as he shares insights into revitalizing multifamily properties through strategic repositioning and hands-on management. Discover how his team targets distressed assets, implements extensive renovations, and achieves sustainable growth in competitive markets like Cincinnati and Dayton. From overcoming challenges with property management to enhancing tenant retention through superior service, Josh discusses the meticulous approach that propels his portfolio towards long-term success.

00:00
00:22 Introducing our guest: Josh Appelman
03:15 Self management or Third party management?
05:30 Finding the right people?
08:26 You've got to have competent people.
09:00  The importance of setting goals
11:21 Ways to increase income in multifamily
14:52 Pets, Pets, Pets!
16:19 It's crucial to constantly monitor your expenses!
23:43 It boils down to service
26:47 Confidence comes from competence
32:24 2025 Multifamily and economy Outlook
33:45 Taxes and Insurance - We're all hurting!
40:20 Advice to your younger self.

Company: Appelman Capital
Appelmancapital.com
FB: Josh E. Appelman