BiggerPockets Real Estate Podcast
Business:Investing
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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757: $0 Down Deals, 3% Interest Rates, and Insane Property Purchases w/Pace Morby
756: Seeing Greene: How to “Supercharge” Your Rental Property's Cash Flow in 2023
755: How a Barber Went from $12 Clips to Six-Figure Cash Flow in 10 Years w/Rick Morin
754: EVERYTHING You Need to Get Your First Real Estate Deal Done in 2023
753: Seeing Greene: CPAs Answer YOUR Top Investing and Tax Questions
752: Why I Sold a Rental Property Portfolio That Took Me YEARS to Build w/Lee Yoder
751: Why the BRRRR Method WON'T Be the Same in 2023
750: Seeing Greene: Don't Fall For the "Quick Cash Flow" Properties
749: From DoorDasher to $1.5 MILLION in Real Estate (All at 22 Years Old!) w/Josh Janus
748: From $5/Hour to Five-Figure Rent Checks Thanks to "Guaranteed" Rent w/Anne Curry
747: Seeing Greene: “Amplifying” Your Equity and When to Pay Off Debt vs. Invest
746: 28 Rentals Before 28 Years Old (and Doing it All in Just 3 Years!) w/Jake Radawick
745: The MOST Underrated Way to Get Started in Real Estate in 2023
744: Seeing Greene: How to Create Cash Flow & Cutting Costs On a Home Renovation
743: Better Than BRRRR!? How to Make $200K+ on ONE Deal w/Janice Stitzer
742: How to Achieve Financial Freedom Through Real Estate in 4 Steps
741: Seeing Greene: The Cash Flow "Golden Age” Could Be OVER
Bonus: SVB's Collapse: Is Real Estate at Risk in The Fallout?
740: From $500 to 40 Rental Units After Going Broke in The Last Crash w/Eric Quinn
739: Where the REAL Money is Made in Multifamily (Asset Management 101)
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