Your Expert: Dave Childers
Value add opportunities refer to the chances to increase the property’s value and generate higher returns. These opportunities may include upgrading amenities, renovating units, adding additional units, improving curb appeal, enhancing property management, or implementing energy-efficient features. By investing in these opportunities, property owners can attract and retain tenants, increase rental income, and improve the overall value of the property. Ultimately, value add opportunities can lead to higher profits for property owners and investors.