Real Estate is one of the most competitive markets in the world. This is true when it comes to multifamily investments. If you’re looking for a step above the rest in value, then you’ve come to the right place. The Mindful Capital Group is a private real estate firm that specializes in the acquisition, repositioning, and management of industrial real estate assets throughout the South Florida area. Here are five tips for adding some extra value to the multifamily investment so that you stand a better chance in this highly competitive market.
1 – Alternative Energy Solutions
Another renovation for the home is adding clean energy solutions. Alternative energy solutions increase the value of a home by a lot. Examples of solar energy are solar electric systems, solar pool heaters and other solar panel technology.
2 – Increase Outer Appeal
Adding some more flare or some extra amenities to the outer area of the property can bring in a lot of value. Landscaping not only makes your current tenants happy, but attracts the eyes of other potential clients.
3 – Renovate the Inside of the Property
One of the best ways to increase the value of a property is to renovate the inside. Upgrading the appliances, furniture, flooring and other inner portions of the home. This is an easy example because it upgrades the quality of living within the home.
4 – Extend the Property
If you extend the size of your property, then it will instantly increase in value. More space allows you to add more of any of the other listed options before.
5 – More Amenities
Everyone likes more things and more reasons to stay home. If your property has more amenities, then there will be more people that potentially feel like that place is for them.
The Mindful Capital Group has a reputation for being a step above the rest. However, what makes Mindful Capital so special, is that the team firmly believes in the fact that whatever is best for clients, is best for the company. With well over a combined amount of 50 years of experience, the team has a vast amount of experience in the real estate market.
Having experience and being able to notice trends that may end up being profitable is key in having a successful portfolio. The Mindful Capital Group is proud to offer investors the knowledge and experience of years of success in the real estate market.