Value add Loft in a Studio? Need advice
Hello BP Community,
I'm looking for investment properties in my area and found several studio apartments for sale. They are pretty small ranging from 300-600 sq. ft. I would like to add value and curious if adding a loft with small staircase will add the most value? Also, when I decide to sell can I list it as a 1 bedroom/1 bath instead of a studio? I would prefer to buy 1 bed/bath apartment/condo instead, but would this upgrade be a way to enter the market cheaper? Any advice on pitfalls, or how to create value out of a small place is appreciated. Thank you, Josh