
Multi-Family Value Add Example with Jesse Fragale
TIMELESS NOEL
Description
<p>How do you add value in a multi-family property deal and not look like a landlord who just kicks tenants out?</p> <p>Toronto – if not Vancouver – is the most expensive real estate market in Canada, and with the place being so tenant-friendly, some might find it hard to buy and renovate a property there to rent out.</p> <p>But worry no more because our guest today will share his own experience on adding value to a million-dollar property he’s bought! Tune in as we learn from Jesse Fragale.</p> <p>Jesse Fragale is a commercial real estate broker and investor. He started investing in student rental properties a little over ten years ago. As his passion for investing grew, he began investing in single-family homes and condos. Following this, he transitioned to investing in multi-family apartments and that is his focus today.</p> <p>Through his YouTube Channel, Podcast and Bigger Pockets Contributions, Jesse hopes to provide people with simple and straightforward real estate advice and education no matter what investing experience they have.</p> <p>In this episode, Jesse discusses a case study on how they’re doing value-add to a multi-family property in Toronto.</p> <p>Checkout: Raising Capital Without Rejection Full-Day Workshop (Online):<a href='https://investorattractionworkshop.com/'> </a><a href='https://investorattractionworkshop.com/'>https://investorattractionworkshop.com/</a></p> <p>What you'll learn in just 19 minutes from today's episode:</p> <ul><li>How to value-add in a multi-family property</li> <li>The biggest operational challenges on renovating and renting out a property, especially in today’s time</li> <li>How to approach a multi-family property renovation and deal in the midst of this pandemic</li> </ul> <p>Resources/Links:</p> <ul><li>Listen to the Working Capital – The Real Estate Podcast. Just go to <a href='https://workingcapitalpodcast.com/'>https://workingcapitalpodcast.com/</a>.</li> </ul> <p>Topics Covered:</p> <p>00:54 – A backgrounder on the multi-family property Jesse is currently wo