Tap Hidden Profit Streams In Real Estate Development
Value-Add Strategies
One of the most effective ways to unlock hidden profits is through value-add strategies. This involves purchasing properties that require improvements, such as renovations or updates, which can increase their market value. For example, upgrading outdated facilities or enhancing curb appeal can significantly boost rental income and property value. According to the National Association of Realtors, properties that undergo strategic renovations can see a return on investment of up to 75%1.