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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609: Seeing Greene: Gift Funds, Crash Indicators, and Problems with Partnerships
608: The “Golden Trio” Every Real Estate Investor MUST Have to Truly Profit First w/David Richter
607: Multifamily Q&A: How to Start, Scale, and Succeed in Apartment Investing w/Andrew Cushman
606: Seeing Greene: The “Base Hit” Rental Properties That Will Make You Rich
605: More Problems, More Money & Why Investors Should Search for Fresh Headaches
604: BiggerNews May: What the Media Isn't Telling You About a “Housing Crash”
603: Seeing Greene: Hold or Sell, Maxing Out on Mortgages, and Investor FOMO
602: Why The “Right Way” to Buy Rentals is Wrong
601: Why Hitting Your “Goals” Isn’t Enough & Where 95% of Investors Unknowingly Fail
600: Seeing Greene: Questions from BiggerPockets' Best and Brightest (Episode 600!)
599: The Investing “Cheat Code” of Opportunity Zone Rentals
598: How to "Invest on Repeat" with The BRRRR Strategy
597: Seeing Greene: Should You Pay Off Debt or Invest in Real Estate?
596: The 3 Ways to Find Profitable Properties that Big Investors Won’t Touch w/Amanda Cruise
595: How to “Layer” Legal Protection So Lawsuits Won’t Touch Your Wealth w/Brian T. Bradley, Esq.
594: BiggerPockets Podcast 594: Seeing Greene: FHA Loans, Cash Flow Shrinkage, & Bidding $200k Over Asking
593: The Ethical Wholesaler: Putting People Before Property Profits w/Jamil Damji
592: BiggerNews April: How to Counter the Biggest Risk of 2022's Real Estate Cycle w/Doug Lodmell
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