A fellow Leading Landlord, Kevin Dickson who blogs at Green Builder in Denver, sent me this article about David Frayne of Affinity Neighborhoods.
Here’s the article: http://www.ocregister.com/news/frayne-294944-family-mehtap.html
From Frayne’s story, we see the common elements and progression of neighborhood restoration:
1st – Reduce disorder by picking up litter
2nd – Improve your property’s curb appeal
3rd – Partner with neighbors to do small things to improve the neighborhood
These are the steps all landlords, especially inner city landlords, should take to improve their “location” and build their equity.
Let me point out that these activities take place outside your rental and beyond your property lines. Check out our eBook, Building Wealth with Inner City Rentals, to learn more.