Tyler Madden accidentally did his first value-add deal on his primary residence, where he put in a steep amount of sweat equity and walked away with a much more expensive home than he originally purchased. It wasn’t rocket science to Tyler, so he did this a couple more times on a few multifamily deals in his area. Now, he gets to collect serious cash flow all while using the refinance to pay back original his renovation costs. Sounds pretty good right?
Tyler is going to give you the lowdown on what value-add real estate investing is, why it beats (almost) every other strategy out there, how to find undervalued properties, and what to know before you buy. So next time you’re house hunting, don’t look for the best home on the block, look for the one that needs the most work!
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00:00 Why Value-Add Real Estate Works
02:16 Residential vs. Commercial Value-Add
02:48 How to Find Value-Add Properties
04:51 Before You Buy a Value-Add Property
06:18 Flip, BRRRR, House Hack or Hold?
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