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Podcast: The Real Estate Espresso Podcast
Episode: Filling The Gaps
Description: On today’s show we are making a distinction between new supply and value added opportunities. Investors over the past few years have focused on two different investment theses. Thesis number one is the traditional value added project. This is where you take an existing project that was built a number of years ago. It’s getting tired and the lack of modern amenities and finishes makes the property less desirable and therefore it attracts lower rent.
The idea is to vacate enough of the units that your can improve them over a period of time.
The...