Hearing people talk about the need to build more affordable housing in the US makes me physically sick with frustration.
The "housing shortage" is artificial. We need redistribution, not continued production.
I get that the laws aren't there. They should be. I'm so tired of people pretending there aren't dragon-hoards of vacant housing. We don't need to build more, we need a revolution to let people fill in the spaces which already exist in their area.
Not letting someone have a house that's been empty for years, just because they don't have money... I can't understand it. It's the most basic thing. Once you have shelter, you can start to come back to yourself enough to get the rest of your life together.
*sigh* I understand that building more houses is necessary under this stupid fucking system, because a revolution is much more difficult and slow, and people need housing ASAP. I just get so mad thinking about how there are physically plenty of spots they could be (There are over 20 vacant homes in the US for each homeless person), and people are using profit and capitalist principles as an excuse to keep them from being there.
7 notes
·
View notes
Value Add Real Estate Definition And Strategy
Value-add real estate is a real estate investment strategy that focuses on acquiring undervalued properties and implementing improvements to increase their value. This can involve physical renovations, operational enhancements, or repositioning the property within the market. The goal is to create a higher-yielding asset that can be sold at a profit or held for long-term income generation.
Value-add real estate is a more hands-on investment strategy than core or core-plus real estate, which typically involves purchasing stabilized properties with steady cash flow. Value-add investors must be prepared to take on more risk in exchange for the potential for higher returns.
Value-add real estate refers to a strategy in which an investor acquires a property with the intention of making strategic improvements or operational changes to increase its value. The primary goal is to enhance the property's cash flow and overall return on investment. This strategy can be applied to various types of real estate, including residential, commercial, and multifamily properties.
Common value-add strategies include:
Renovating units to make them more modern and appealing to tenants
Improving common areas such as lobbies, hallways, and landscaping
Adding amenities such as fitness centers, swimming pools, and outdoor patios
Repositioning the property as a different type of asset, such as converting an office building into apartments
Changing the property's management to improve efficiency and reduce costs
Benefits of value-add real estate:
Potential for higher returns than core or core-plus real estate
Ability to create a unique and differentiated asset
Opportunity to participate in the revitalization of a neighborhood or community
Risks of value-add real estate:
Requires more hands-on management than core or core-plus real estate
Higher execution risk, as the success of the investment depends on the ability to implement the value-add strategy effectively
Greater exposure to market risk, as the value of the property may be more volatile than that of a stabilized asset
Value-add real estate is a good investment strategy for investors who:
Have a long-term investment horizon
Are comfortable with taking on more risk
Have experience in real estate or are willing to learn
Have a strong network of contractors, property managers, and other real estate professionals
Here are some additional tips for investing in value-add real estate:
Conduct thorough due diligence on any property you consider investing in
Develop a clear value-add strategy and estimate the costs and potential returns
Work with a team of experienced professionals who can assist you with the execution of your strategy
Monitor your investments closely and be prepared to make adjustments as needed
Value-add real estate can be a rewarding investment strategy, but it is important to understand the risks and have a solid plan in place before you invest.
0 notes
i signed my lease literally 2 months before rents in this neighbourhood jumped 15-20% for a unit like mine and im rent controlled so these bitches are gonna have to renovict me if they want me gone
2 notes
·
View notes