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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651: Seeing Greene: Recession Risks, Renting to Family, & Scaling Your Portfolio
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647: Got a Need for Leads? Use This Opener to Earn Trust in 5 Seconds (or Less!) w/Juliet Lalouel
646: Building Wealth Like Warren Buffett & Lessons Learned from Billionaires w/Trey Lockerbie
645: Seeing Greene: Will Borrowing Money from Family Ruin Your Real Estate Deal?
644: 50 Properties in 6 Months Using the Supercharged BRRRR Strategy w/Chad Beeman
643: BiggerNews August: Will 3D Printed Homes Slash Housing Costs? w/Zachary Mannheimer
642: Private Money: What the Experts Warn Against Before You Lend (Or Borrow!) w/Beth Johnson and Alex Breshears
641: 15 Rentals in 1 Year (While Running 3 Businesses!) by Putting Time First w/Christian Bachelder
640: How to Buy Your First 3 Rental Properties (Step-by-Step) This Year!
639:Passive Income (Without the Properties!) by Investing in REITs w/Matt Argersinger
638: Making a Profitable Pivot Out of Regular Rentals and into Vacation Investing w/Brian Davila
637: Private Money Explained: 5 Simple Ways to Find Private Money Today (Part 2) w/Amy Mahjoory
636: Private Capital Explained: The 4-Second Pitch to Unlock Unlimited Funds (Part 1) w/Amy Mahjoory
635: How an "Average Joe" Can Build a Multimillion Dollar Rental Portfolio
634: Why 2023 Will Be One of The Best Years Ever to Invest in Multifamily w/Matt Faircloth and Andrew Cushman
633: Seeing Greene: Is My BRRRR a Bust If Cash Flow is Low?
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