Join me and my co-host, Vince, as we chat with Kyle Jones about how he transitioned from starting out in the single-family space to multifamily real estate. Kyle is the co-founder of TruePoint Capital and the American Grid Company.50% to 100% Occupancy Rate Kyle had an experience with a 56 unit deal where he had to take the occupancy rate down to 50% within the first three months of owning the property. There were a lot of residents at that time that was refusing to pay. The property manager had to remove the bad tenants. With the vacant units, they were struggling to lease them back up. Then, Kyle decided to renovate when the occupancy rate was low. And by month nine, they were able to bring it back to 100% occupied. An excellent performance and achievement by Kyle because he was able to accomplish that in less than a year! This experience shows that he has great leading and management skills. Staying Connected With Your Property Managers during COVID-19 Human connection has significantly decreased over the past few months. A lot of people are struggling because of the massive changes in how we normally do things. This has impacted almost everybody’s mental health. That is why it is necessary to keep everybody engaged in the business, especially now because of the COVID-19. Staying connected with your property managers will be one of the driving forces that will help your business survive the pandemic, through conducting weekly calls, chats, and meetings. By doing these, you’ll be able to check up and be updated with their current situations. Keeping them aligned and headed towards the same goal or direction, thus holding the property managers accountable for their roles and responsibilities. Furthermore, your small acts of checking up on how they are handling this pandemic will help alleviate their stress, even just a little. Outline of the episode:·        [·        [·        [·        [·        [·        [·        [·        [·        [·        [·        [·        [·        [·        [