Easton Yards project—part two of the two-part series. In this article, Jennifer shares what she and her team did as well as learned, so the next project will be an even greater success than Easton Yards, a project with a scope Jennifer and her team had never tackled until now.

Earlier this year, a large project for the Jennifer de Jesus and Empire Property Management teams came to a happy conclusion. In this part one article, we’ll share about the Easton Yards project and how we were involved in a very successful renovation and pre-leasing of this property.

This week’s article is excerpted from a recent Club Conversations event where Jennifer de Jesus shared her experiences working with two investors who made mistakes and what you can learn. She shares one story of an unfocused flipper with unrealistic expectations and what happened on a project using a hard-money loan. The second story is about investors who were purchasing value-add properties, but didn’t have enough cash reserves to cover unexpected situations that impacted their cash flow. From these two stories, you can learn a lot about best practices when investing in real estate whether you’re flipping or buy-and-hold value-add properties.