Value-add real estate allows you to target legacy buildings with untapped potential, such as zoning opportunities or hidden density, often at a fraction of the cost of new construction.
It is critical to set exit parameters and standards so you can mitigate losses by pulling the plug on a deal rather than holding on and incurring further interest and costs.
Scaling requires moving from tactical, hands-on work to strategic management by implementing robust systems and processes that allow you to delegate lower-level activities.
