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Updated over 5 years ago on . Most recent reply
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How to add value to a quad plex
Hi Folks,
I recently closed on a quad and I have described about this deal in my below deal diary.
https://www.biggerpockets.com/forums/850/topics/759480-my-first-multi-family-quad-in-huntsville
I have been reading a lot about apartment and multifamily investment and trying to see how to add value in order to increase the rent or save on expenses in my current quad.
I wanted to see what are some of the creative ways other folks have added value to a quad or a small multi.
Cheers!
Most Popular Reply
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Congrats on the closing. Not sure what the utility situation is, but if there is a way to legally make it so everyone has their own meter/etc. might be a way to pass on some of the expenses. I have seen some people take a quad and run one of the units as a short term as well if you are up to it (we do that for a 5 unit we have - 4 traditional and 1 non traditional)