newly renovated multi-family unit

How to Increase Your Building’s Value Without Disrupting Tenants

Add Value Without Disrupting Tenants Investing in multi-family residences can be lucrative. To make it more profitable, however, you have to consider a value-add play. Value-add plays occur when you purchase a building with units below market value, renovate them, and adjust the rent to a more fitting price for an updated living space. The…

multi-family property

The Basics of Choosing a General Contractor for Your Multifamily Facility

Choose Your Contractor Wisely¬† If you are planning to develop or renovate a multifamily facility, your choice of a general contractor is important. The general contractor is in charge of the permits, design, supplies, building code compliance, and even hiring other subcontractors. Without a qualified contractor, you may have trouble with the job being done…