Taking an underperforming apartment building turning it into a money maker is one of the biggest challenges most apartment owner face. Some are able to accomplish this successfully and some don’t. The ones that don’t succeed in this usually find their properties slipping away from them with a high level of differed maintenance and negative […]
Archive | Adding Value
Adding Value to an apartment building, How is that done?
So many of have heard the term “Value add” or something along that line but what does that real mean and how is that accomplished? That is the question here. When we say “Value Add” as it related to an apartment building we are talking about increasing the how much the property is worth….If you […]
What is a “VALUE ADD” in apartments and what makes it a big deal?
What is a “VALUE ADD” and what makes it a big deal? A “Value Add” is just what the name implies, it is a scenario where we can add value to the price and value of the property. How do we do that you may ask? We can do it in a variety of ways. But […]
Increasing value, & Calculating (Price) in Apartment Buildings
Now is always a great time to purchase real estate! With populations on the rise nationally and a shortage of affordable housing units forecasted, demand for apartments with continue to increase. With this increased demand, along with normal inflationary pressures, Rents are sure to increase as well…Just think about how much you paid for rent […]