Renovations That Offer the Best ROI for A Multifamily Property

There is a tried and tested philosophy in residential real estate that goes something like this: target the worst home in the nicest neighborhood and add value through renovations.

For multifamily real estate investors, logic then begs this question: “Does this same approach apply to multifamily housing?” The answer—not too surprisingly—depends.
If you’re looking for a strong, immediate ROI on a real estate investment, you may do well to look for an older property in a desirable area that may simply […]