09/06/2022
We're value-add investors. That means we're always looking to improve the value of any asset we acquire. We look for many things when assessing a property, but ultimately we ask ourselves 3 questions:
1) Is it in a good location? Is it near amenities, schools, jobs & transport?
2) Is there immediate opportunity for increasing value? Can we add a second unit, or renovate strategically?
3) Is there future opportunity for increasing value down the line? (Think high density zoning, large land lots etc)
You can see this manifested in a lot of what we own - either properties zoned for higher density than current state, large lots for future development or empty land. We're always trying to think of future plays for ourselves and our investors.