I’m David Jones, founder of RenuVest. In 1979 I bought my first 8 Unit Apartment Building. A Realtor contacted me about an elderly lady that had lost her husband unexpectedly, and knew nothing about managing an income producing property. A few months after his passing, she was desperate ...
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I’m David Jones, founder of RenuVest. In 1979 I bought my first 8 Unit Apartment Building. A Realtor contacted me about an elderly lady that had lost her husband unexpectedly, and knew nothing about managing an income producing property. A few months after his passing, she was desperate to sell off the nearly vacant building and was having trouble collecting the rents. She was happy that I came along and offered a fair price for her property. I fixed up the 8 Units and filled the vacancies! I had turned a bad situation for that Owner into a positive income property. That is called a win/win situation, and was my first experience with “Re-Positioning” a “distressed” property. Any kind of property can become “distressed” because owners get “distressed” with their situation. It could be from Lack of interest, Divorce, Loss of a job, Death of a spouse, Relocation, Economic hardship, Desire for Retiring into a worry free life, or a multitude of other personal goals or problems. We are experts at Re-Positioning properties, which means we Solve Owners Problems. We like to say, “We Create Exit Strategies that make Happy Owner”. Since 1994 we have been acquiring and re-positioning commercial properties such as large apartment buildings and self storage facilities, as well as Single Family Homes. Our scope of work has included; renovating the properties, securing the appropriate funding, and implemented management and marketing changes. Over the last 20 years we have been in 5 different states, including Florida, California, Tennessee, Texas, Colorado. We’ve Developed Subdivisions, Built Townhomes, Multiple Large Apartments Renovations, Self Storage Facility turnarounds, and oceanfront properties in Florida. Let us help you Solve Your Problem today!
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