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WS1238: Understanding Multifamily Value-Add | #Highlights

The Real Estate Syndication Show

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Is There a Contingency Plan?

When we're analyzing dials to understand an we usually we see anywhere between five 50 a square foot on a renovation. And then goes anywhere. You can, you can find em as high as his 20 dollars a square foot renovation as well. I rekon. That's a great rule of tum there juste sad. Ye, i that actly. But it just seems to make sense, right? I mean, we have an emergency find al thouse sent, you know, that reserve account for just in case thing, something happens,. It's unexpected. Why wouldn't we do that when wewere looking at our renovation budget?

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