How to Scale a Real Estate Portfolio with Value-Add Deals

💌 STAY AHEAD YOUR WAYWant smarter insights, market trends, and strategies delivered straight to your inbox? Join the Commercial Connections Newsletter — a quick, actionable read for brokers, investors, and CRE professionals. 👉 Subscribe now📅 BOOK A CALLIf you’re a family-owned apartment owner in Oregon, you don’t have to navigate your next move alone. From 1031 exchanges to retirement planning, I help owners protect equity and plan for the future. Schedule a strategy call🎙️ EPISODE SUMMARYIn this episode of Commercial Connections, I sit down with Logan DeVos, CEO of SMI Fund Management, to explore the journey from rookie broker to managing an $81 million real estate portfolio.Logan shares:⦿ His path from early entrepreneurial ventures to high-impact multifamily deals⦿ The power of value-add acquisitions and repositioning underperforming assets⦿ Strategic insights on gross rent multipliers, renovation efficiency, and market timing⦿ Case studies on properties like Vicinity Apartments and Hickory Lake⦿ Advice for scaling a CRE portfolio while mitigating riskWhether you're new to investing or planning your next major acquisition, this episode delivers practical wisdom from a high-performing investor.📝 EPISODE THEMES 00:00 – Introduction to Value-Add Real Estate Investing 00:47 – Meet Logan DeVos: Real Estate Mogul 02:19 – Logan's Early Entrepreneurial Ventures 03:49 – Scaling Up: From Single Family Homes to Multifamily Units 05:03 – Understanding Value-Add Acquisitions 09:01 – Gross Rent Multiplier and Investment Strategies 12:08 – Lessons Learned in Real Estate 14:48 – Repositioning Underperforming Assets 15:13 – Case Study: Vicinity Apartments in Corvallis 24:38 – Challenges and Strategies in Student Housing 33:10 – Cost and Efficiency in Renovations 37:00 – Hickory Lake Property: A Success Story 38:25 – Conclusion and Contact Information🔗 CONNECT WITH LOGAN DEVOSLogan DeVos CEO: SMI Fund Management - (541) 990 3795Email: [email protected]: https://smifundmanagement.com/ 🔗 CONNECT WITH ME#ValueAddInvesting #MultifamilyRealEstate #CREStrategy #CommercialConnections #RealEstateInvesting #PropertyRepositioning #StudentHousing #CREGrowth