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Updated about 5 years ago, 09/20/2019

Andrew Caldieraro's profile image
Andrew Caldieraro's profile image
Andrew Caldieraro
  • from Collinsville, IL
  • Member since Aug 26, 2018
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98
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17
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Andrew Caldieraro's profile image
Andrew Caldieraro's profile image
Andrew Caldieraro
  • from Collinsville, IL
  • Member since Aug 26, 2018
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Andrew Caldieraro
  • Collinsville, IL
17
Votes |
98
Posts
Multi-Family and Apartment Investing

When does a value-add a MF property make sense?

Andrew Caldieraro
  • Collinsville, IL
Posted

Hi,

I'm curious what guidelines you follow to determine if adding value to a MF apartment makes sense?  For example, lets say that updating each unit can increase rents by $100/month.  What is the max that you'd spend doing these value add updates for it to make sense to get a $100 bump in rent?

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