If that unit comes online and you get, for instance, $1,000 a month an additional revenue per unit, that's $12,000 a year, and you're adding that to your NOI, let's say you just want to do it.

Don't take any expenses out.

That $12,000 a year at a 10-cap value would add $120,000 in value at a 10 cap. Hello, Hey, Jinyo here. And today we are discussing how to increase income on your multifamily property gang it's no

surprise the last two years have been crazy with inflation price increase out the wahoo yahoo

wahoo wahoo whatever you want to call it prices are up period clearly base rent has risen uh but at

some point this is going to cool, and we know that.

And you're going to need to go back to the basics of adding value versus our current model of currency devaluation.

So, fortunately, we have our foremost expert, the G-Daddy here to tell us, prior to inflation, when value add was a value ad, what were we doing to increase income on in our properties?

Jake Sanziano, I am here to share that with you. How are you doing?

Doing good, man. Tip me. First one, we like to add additional units.

Bottom line is, if you can start adding units to a property, and it doesn't seem like a lot,

I'll give you a perfect example. There's two properties we've done in the last year that we've

done this. We took a 48 unit property and we added two units. They had a nice office there. We split

the office down. We made a two bedroom and one bedroom. Adding those additional units not only brings

on revenue, but it really expands the NOI.

And this 40 unit that we just closed in April, we're going to be adding a unit there.

So let me do some quick math for you.

If that unit comes online and you get, for instance, $1,000 a month in additional revenue per unit, that's $12,000 a year.

And you're adding that to your NOI.

Let's say you just want to do it.

Don't take any expenses up.

That $12,000 a year at a 10 cap of value would add $120,000 in value at a 10 cap.

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