WS1238: Understanding Multifamily Value-Add | #Highlights

Adding value to your multifamily property can be advantageous to both the operator and tenants. In today’s #Highlights episode, we feature our conversations again with real estate entrepreneurs Rich Trepanier and Garrett Lynch who share their experiences in multifamily value-add.

Rich highlights three important issues to pay attention to on a value-add project which are calculating cost on square footage, having an emergency fund, and being clear about who is overseeing the renovation. Meanwhile, Garrett talks about his experience in the operational value-add side of the business. Enjoy the show!

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