Buying it based on the pro forma NOI would take away from the value-add strategy because you're essentially paying the seller for the work that you will do and for the increased NOI that you will generate.If you find a multifamily property where the current NOI is not at full capacity and you increase the NOI, then the value is determined by applying the area's average cap rate to your new NOI. 

Hello everyone,I am currently working on a pre-foreclosure list (SFR) and I am wondering what strategies are best for no/low equity properties vs. high equity properties.

Never decide on a strategy ahead of time. 

Fix & Flip: Lessons Learned & Strategies That WorkHey BP Community,I focus on sourcing and selling distressed properties to flippers, and I’ve learned a few key lessons along the way:1.Buy Right – Overpaying kills deals.

our market is in Columbus Ohio and we are currently doing infill as a strategy. single family home by right can be built on any infill lot in columbus but for multifamily this strategy becomes part of entitlements and rezoning. 

That's not a great strategy for Danbury.

Have you had success with cash for keys, lease non-renewals, or other strategies?

James did this strategy over the years.

I'd love to connect and share experiences and strategies, as there’s so much value in learning from each other in this space.

Crew Enterprises is pursuing a strategy to move Apex South Creek DST into a REIT.