How do you increase commercial value?
- Increase your tenants’ rent.
- Make strategic improvements and renovations.
- Minimize your expenses.
- Change up the purpose of the building.
- Maximize your marketing to cut down on vacancies.
What is a value-add real estate?
What is Value-Add Real Estate? Value-add properties have existing income, but require some improvements to provide attractive returns. In their current state, they may be a bit run-down, or poorly managed. But operators who acquire these properties see their potential.
What is a value-add deal?
In a value-add deal, the buyer is looking for a way to increase the property’s profitability. It can be done by applying any of these methods: 1. Renovating the amenities, property exterior or units and increasing rents.