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Owned by Cody

Haven Investor Network

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Get off-market deals, playbooks, tools & live training to BRRRR & Value Add Multifamily Investing —built on the blueprint I used to scale 100+ doors.

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70 contributions to Haven Investor Network
Operator Lesson: The $4,000 Turn That Fixed a $40,000 Problem
Most operators look at a struggling building and immediately jump to spreadsheets, KPIs, or pro formas. But here’s a truth you learn after running enough turnarounds: Some properties tell you everything you need to know the moment you open the door. No spreadsheet required. This Roanoke unit is a perfect example. The new owners hired us because the building wasn’t performing and hadn’t been managed closely in years. During the walkthrough, it was obvious why—poor unit condition, slow turns, and outdated finishes that made the unit hard to lease. The lesson for operators: 1. A unit doesn’t need to be “destroyed” to be losing money. Even light neglect compounds into vacancy loss, tenant churn, slower leasing velocity, and lower market rents. This was a $4,000 turn—not a gut job. Fresh paint, LVP flooring, deep clean, basic repairs, new blinds, better lighting. Nothing fancy. Just restoring the unit to a standard someone actually wants to live in. But here’s the key: 2. Speed matters just as much as scope. This turn was completed in 2 weeks 1 week of leasing= back on market and producing quickly. Most of the money operators lose during turns isn’t in the construction—it’s in the downtime. Your turn process should always be built around: - fast decision-making - clear scope templates - dependable vendors - pre-approved finish materials - leasing starting before the unit is even finished 3. Small dollar turns can deliver big dollar impact. A $4K spend helped stabilize a unit that had been dragging NOI for years. Across a portfolio, these small upgrades can stack into tens of thousands in additional annual income. 4. The real game in multifamily isn’t “saving money”—it’s removing friction. Slow turns, unclear scopes, sloppy work, and inconsistent standards crush NOI more than almost anything else. Operators who master tight turn processes have a huge advantage over those who only focus on rent increases or expense cutting.
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Operator Lesson: The $4,000 Turn That Fixed a $40,000 Problem
Fix and Flips
It seems that every year we run out of houses to fix around this time. Does anyone else who is flipping 20 plus homes a year have this issue or is it just me? November -> February are notoriously bad months for me when it comes to purchasing new projects.
0 likes • 28d
@Jack Wilkinson do you think it's a supply issue or just less people out "trying" to do deals in the winter? It makes sense on homes that are occupied (no one wants to move in the winter months around here). But for vacant units that need a lot of work it doesn't make quite as much sense imo.
1 like • 27d
@Jack Wilkinson would you be interested in an opportunity in Moneta? I think it could be a great deal.
🚨 FREE RESOURCE: The Multifamily Profit Playbook (Feedback Wanted!)
Hey everyone — My team has been working really hard on this over the last few months. And we just finished putting together something I think can be huge for all of us: The Multifamily Profit Playbook. ✅ This is the exact audit + turnaround framework we’re using on real multifamily deals to increase NOI, force appreciation, and create value without overpaying or waiting on the market. AND I want to give it to everyone here FREE before it goes public. 👉 Download it below (and let me know if the videos worked 😬) Inside you’ll find: - Step-by-step breakdown of the audit & stabilization process - Value-add levers with real examples - The exact KPIs we monitor - A walkthrough video for each part of the playbook What I need from you: 1. Was it valuable? 2. What was confusing, missing, or needs to be improved? 3. Did the videos work smoothly? 4. Would you share this, or use it with partners/investors/clients? You won’t hurt my feelings — honest feedback is what will help us make this a powerful tool for everyone in the group. I’d love for you all to shape it before it goes out to the public. Appreciate you guys — excited to hear what you think. — Cody
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🚨 FREE RESOURCE: The Multifamily Profit Playbook (Feedback Wanted!)
Reminder for Tonights MF Training (for real this time)
Hey everyone — quick reminder that we’re going live tonight at 5:00 pm for this week’s Multifamily 101 Training. We’ll be diving into Module 1 of our Multifamily 101 training series. If you’ve been wanting to get more confident running the numbers, understanding cap rates, and seeing how real investors find upside in today’s market, you don’t want to miss this one. 💥 When: 5:00 pm 💥 Where: Inside the Skool classroom (under “Live Trainings”) 💥 Replay: No replay on this one. It will be turned into a paid course once we complete all modules. Drop a 🔥 in the comments if you’re joining us live tonight!
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Reminder for Tonights MF Training (for real this time)
Head In Beds Formula
Most investors think vacancies are a “market problem.” But the truth? It’s usually a process problem. At Haven, we treat leasing like sales — because it is. Every vacant unit is an opportunity that needs a system: follow-up, speed, communication, and accountability. In this whiteboard session, I break down our Heads in Beds Formula — the exact process we use to keep properties full, tenants happy, and owners profitable. Because in property management… 🏠 Process = Profit.
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Head In Beds Formula
1-10 of 70
Cody Journell
4
16points to level up
@cody-journell-5246
Investor | Broker | Asset Manager

Active 44m ago
Joined Jun 8, 2025
Virginia
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