Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

26
Posts
12
Votes
Dustin Gale
  • Rental Property Investor
  • Draper, UT
12
Votes |
26
Posts

Helping other investors see the value add

Dustin Gale
  • Rental Property Investor
  • Draper, UT
Posted
I just listened to the BiggerPockets podcast show #205. In the podcast Jered Sturm, Brandon Turner, and Dave Meyer talk about different value add strategies like doing a rub (sub metering water), increasing energy efficiency with light bulbs, and renting out washers and dryers to the tenants. While I was going to Southern Utah University to get my Bachelor's in Engineering and Technology I stayed in several different apartments and got to see both the good and the bad of many apartments. I noticed that some had poor management, old lighting, they didn't have sub metering for the water and they gave us a free washer and dryer. If I could find a good value add for someone, do you think they would consider loaning me or giving me a portion of the value that I added to their property? How do you know if the value add will cause a negative effect? For example if you were to submeter the water and the tenants left because they didn't want to pay the extra amount for the water bill. What are other value adds that you can think of? Thanks, Dustin Gale

Loading replies...