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.
David:
This is the BiggerPockets Podcast show 911.
What’s going on, everyone? This is David Greene, your host of the BiggerPockets Real Estate Podcast. For those of you who are new here, welcome. And for all investors today and tomorrow that have been with us for a long time, welcome back. I’m here today with my rad co-host, Rob Abasolo. Rob, how are you?
Rob:
It feels good to be your partner in crime in today’s episode. And listen, if you’ve been a listener of the BiggerPockets podcast for a long time, then you’ve probably heard us talk about this idea of adding value to properties. Today we want to…