Value Add Opportunities

What are value-add opportunities? These are actions we take to increase our property’s Net Operating Income, thus increasing the overall property value. Here are some examples of what a value-add opportunity may look like:

• Remodeling units
• Fresh paint on the exterior of the building
• Adding covered Parking
• Adding a dog park
• Leasing washer/dryer
• Reducing the vacancy of a property

By implementing these opportunities, tenants are more comfortable paying a higher premium, thus increasing our investor’s cash flow, returns and the entire value of the property. Multifamily investing is a lifestyle, each property is a business, and our tenants are out customers. We improve their life, they are willing to pay more. Everyone wins. I challenge you to get creative in coming up with more own value-add opportunities and ideas! Just ask yourself: if I were living in an apartment complex, what would I like done to my unit, community spaces, parking lot, or management policies? What could I adjust/change that would my life better?

Drake Stratton

Managing Partner – True American Capital

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