Find the Value Add - Real Estate Investing with Grant Cardone

In this edition of Grant Cardone’s Real Estate Show the topic is on multi-family value-add. When you are buying apartments, how can you add value to get more income? Tips to find the value-add in the deal include the following: 1.Rent Disparity— look for markets where there is a big difference in prices, where there are $800 rents in the ghetto and then jump to $3000 in other areas. Where’s the middle? Look for markets where there is big rent disparity. 2.Timing—there are certain times better than other times, and to know the timing you have to be in the marketplace. 3.Kitchens and floors— You don’t get a pool to raise the rent, but to make it easier to rent. Amenities make it easier to close the deal with people. Washers and dryers will cost money to install but will make it easier to rent for many people. Would you spend $600 to get back $65 a month? Invest something to get something back. Think about things people will pay for like parking or VIP trash pick-up. This is an incoming producing business so get creative. Don’t do baby steps in real estate. If you do, you’ll be punished. Save your money until you can go big. You need to be buying things that will produce income right away. For more, tune in each Monday as Grant tackles your questions on anything and everything to do with real estate. GrantCardone.com http://www.grantcardone.com

Comments

1. its toilets,tenants, and taxes guys..not termites lol
2. Grant will you make a course/book/program on real estate investing?
3. This is the best videos on youtube!! Thank you Grant
4. Grant keep making more Tax Tips? As well
5. I hope mastering objection will be in audio book also in the near future.
6. Thanks grant.
7. Too funny Mr. Cardone!
8. Hey Grant, do you have real estate training program were i can invest in ???.
9. No baby steps? Even for your first deal?
10. great stuff...if you want info on the Chicago real estae investing market check out my channel
11. The economics sound great in the us, I'm wondering how these same economics would work in the uk without investing in leasehold apartments? It
    doesn't seem to work half as well.
12. so why having a criminel record is so bad ? You're sayin people should leave alone a guy because he has a criminal record ?
13. When will this series be in podcast format
14. How do you find your deals? What are your favorite Databases? Driving the local area? What are other ideas?
15. That 1031 tax free investment was the biggest "golden nugget" in this video!
    
    Thanks Grant and everybody at GC Company!
16. so he says not to buy a house but has a ad to buy a house why no one else comenting on this hahah
17. Great content here and for free WTF!!! Only question I have for either Uncle G or anyone in the comment section that is knowledgeable with multi-families is that I have 75k set aside for investing currently, my notes say to keep the first property in my area and to go big or go home to avoid small property issues and small property money. So in your experience is this proper investment amount to start with while searching for properties? If not what down payment goal should I be shooting for? With the 10x rule applied of coarse!
18. Grant, do you have those shirts in 10X ?
19. Great content! Do you offer examples the viewers can receive so we can learn the process how you conducted your due diligence on the deals to include LOI, paperwork submitted, due diligence process, etc.
20. "You rent like a b*tch! Lol
    Uncle G telling us to go big....big enough payoff that you weather the bullshit with a smile on your face. Great advice. Thanks for the content.