Want to turn your rental property into a cash-flowing machine? What about boosting your property’s equity by tens or hundreds of thousands? The “value-add” strategy can do all this and more, but you’ll need to know the right moves to make. Top real estate investors have been using value-add on their rental property portfolios for decades, turning lackluster rentals into financial freedom-producing properties, and you can do the same IF you know how to spot value-add opportunities.
So, today, we’re showing YOU how to make MORE cash flow and explode your home equity by tweaking your rental properties in the right ways. Both David and Rob have done this numerous times across multiple properties. In fact, David even shares a real-life example of how he increased the cash flow on one of his rental properties by over $10,000/month thanks to an interesting strategy most rookie real estate investors would completely overlook.
Not only that, Rob was able to turn his first Southern California home into a multifamily rental that hosts long, medium, and short-term tenants, and rakes in massive cash flow almost a decade after purchasing it. Whether you’ve got small, big, long, medium, or short-term rentals, you can use value-add to create more passive income and bigger equity gains. Stick around as we give away our secrets on the best value-add moves to make.
In This Episode We Cover:
How to use the “value-add” investing strategy to make MASSIVE cash flow on any property
The two most common ways to add value to your rental property portfolio
The value-add improvements to spot BEFORE you buy another rental property (most people miss this)
Additions, ADUs, and other ways to add more doors to your rental property
Boosting your cash flow by converting your long-term rentals into short and medium-term rentals
What you MUST do BEFORE you start adding on to your rental property
And So Much More!
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Learn The Original Value-Add Strategy with The BRRRR Book
The Renovations That’ll Instantly Increase Your Home Value, Part 1
The Renovations That’ll Instantly Increase Your Home Value, Part 2
How to Do Value-Add Renovations Without Disrupting Tenants
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-911
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BiggerPockets Real Estate Podcast