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Updated over 2 years ago on . Most recent reply

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Jay Ben
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72
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Adding value to an apartment building

Jay Ben
Posted

Hello BP! I was wondering what are the best ways generally to add value to an apartment building. 

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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
Replied

@Jay Ben you do that by improving the units, as well as common areas and making the property more presentable. Goal is to increase the income and that adds to the value of the building. You do not have to spend a lot of money just spend it in the right places and be consistent. 

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