Dallas emphasized the importance of having a solid plan when acquiring a facility. His team prioritizes communication by sending personalized letters, putting up signage, and introducing themselves to tenants via calls to foster trust. Timing closings mid-month helps them avoid the chaos of rent collection. Additionally, they focus on rent-roll growth over ancillary revenue streams like tenant insurance to drive value quickly, especially in competitive markets.
Investing across diverse markets has been key to Delta Asset Management’s success. Dallas revealed how to assess market opportunities by researching competitors, measuring square footage per capita, and understanding property tax implications. His advice? Do your homework on each state’s reassessment rules to avoid unpleasant surprises