Multifamily Group – Turn Around and Value Adds
While “value add” may be the buzz word in multifamily acquisition right now, the Multifamily group understands that the only measure of success is in the after tax yeild of your investment. A “bargain” is only a bargain if it can be made to properly perform.
While the allure of making quick money in your investment may be strong, please be advised; Many times, a distressed property is distressed for a reason. It takes time and money to correct problems with properties and looking at the yeild of the property of your desired holding period may not deliver the long term results you want to achieve.
Compare the investment opportunity carefully to ensure it matches your level of comfort in risk as well as return.