Updated over 2 years ago on .
When to Do Upgrades with a Value-Add Rental Property
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- 02/23/23 08:00AM - 09:00AM America/Denver
- https://refp.substack.com/
- Free
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Special class for coaching clients on when to do upgrades with a value-add rental property. This class is part of the "Improve Property" stage for improving and optimizing cash flow on properties when prices are high, interest rates are high and rents are lagging.
Topics covered include:
- Where are we as we improve rental property cash flow/now?
- Distinctions between BRRR/R and taking advantage of forced appreciation for a quick sale and keeping a rental for long-term wealth building and cash flow/now.
- How Return Quadrants™ are impacted by upgrades.
- A look at Return in Dollars Quadrants™.
- A look at Return on Investment Quadrants™.
- A look at Return on Equity Quadrants™.
- How to determine if you should do the upgrades/improvements or not... will it improve returns (with a math example)
- Will doing the upgrade/improvement make your return better or worse? A quick, math-based, decision-making thought process.
- The simple math discussion
- The more complicated math discussion including how to do it using Internal Rate of Return (IRR)