How We Turned $1.9M Into $2.7M in 14 Months (Value-Add Case Study)

This is only a 14 month project. This is a really quick value add. We're soaking about a half million into it. So we were all in at 1.9 and that's including all fees and everything. And the stabilized value of the property is projected to be about 2.7. So significant value add and gain. And we continue to get lucky. God is good. We pay our tithes and God just kept delivering more and more, making this deal better and better for us. We were able to get a tax abatement, lower insurance costs out of nowhere. And then finally it appears that we're eligible for a grant for affordable housing down there. So it just keeps on getting better and better.