Adding SQF in BRRRR Deal

[Tim Healey]

I'm currently working through a BRRRR deal, and as part of my process have been reading articles, books etc. In @David Greene BRRRR book he discusses the impact adding square footage to increase ARV.

While this would almost certainly increase ARV, it would also be a somewhat expensive and time consuming move. I gather the key to it is probably creativity and finding properties which lend themselves to simple means of creating more space.

I am wondering if anyone can share some stories where they have added SQF and had it help them with their BRRRR deal (or flip etc)? Does anyone have any stories involving this going wrong?