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How to Increase the Value of Properties-Real Estate Investing Made Simple

How to Increase the Value of Properties-Real Estate Investing Made Simple

Real Estate Investing
How to Increase the Value of Properties-Real Estate Investing Made Simple: You need to value-add.When you are buying apartments, how can you add value to get more income? Tips to find the value-add in the deal include the following: 1.Rent Disparity— look for markets where there is a big difference in prices, where there are $800 rents in the ghetto and then jump to $3000 in other areas. Where’s the middle? Look for markets where there is big rent disparity. 2.Timing—there are certain times better than other times, and to know the timing you have to be in the marketplace. 3.Kitchens and floors— You don’t get a pool to raise the rent, but to make it easier to rent. Amenities make it easier to close the deal with people. Washers and dryers will cost money to install but will make it easi