JF3031: Why Value-Add Business Plans Make the Most Sense | Passive Investor Tips ft. Travis Watts
The Best Ever CRE Show
00:00
Why Value Add Business Plans Are the Bread and Butter of My Portfolio
The bulk of my portfolio has been heavily weighted on value add business plans. We're buying something that's pre-existing, fixing it up and then selling it at a profit after using it for our own purposes. The parallel I like to draw is on cars. You could do the same thing, right? So we actually turned a profit, used the car for 25,000 miles and pocketed some rental income in the process. That is an example of value add.
Play episode from 02:13
Transcript
