Value-Add vs. New Construction: Which One Actually Makes You More Money?

Building from the ground up sounds exciting — but it often means higher risk, unpredictable costs, and years with no cash flow. In this episode, Mark Faris and John Makarewicz break down the five key reasons why they avoid new construction and instead focus on stabilized, value-add multifamily properties that cash flow from day one. You’ll learn: - Why new construction projects can tie up capital for years with no returns - The hidden risks of rising material costs, labor shortages, and regulatory delays - How market timing and interest rates can derail development deals - The tax advantages of buying existing assets - How value-add properties offer both cash flow and appreciation while minimizing risk 🔔 Subscribe for more episodes from the Multifamily Investor Playbook 📩 Want to invest with us? Visit https://fulloutinvesting.com to explore our 10-step process and current offerings.