What happens when you've renovated over 500 multifamily units? You stop guessing and start getting scientific. In this solo episode, Aaron shares the hard lessons and real-world strategies that have added over $125,000/month in new revenue from renovations.

He breaks down what he calls the “three-legged stool” of successful renovation: budget, quality, and speed—and why messing up just one leg can kill your entire deal.

TAKEAWAYS

• Why managing contractors is just as important as hiring them
• The real cost of poor speed in multifamily renovations
• How to align quality with your asset class and tenant base
• Why your budget needs more than just a contingency—it needs a mindset shift
• The dangers of thinking renovations are passive

FOLLOWS

⁠⁠Oak IQ Investments⁠⁠

⁠Own The Exit⁠

⁠Aaron Investing⁠

CHAPTERS

01:06 - The “Value Add” Trap

03:07 - Renovation Pillar #1: Budget

05:35 - Renovation Pillar #2: Quality

08:13 - Renovation Pillar #3: Speed

11:53 - Why Renovations Fail in the Real World

13:18 - Final Thoughts: Stop Winging It

KEYWORDS

multifamily renovation, real estate investing, value add deals, passive income, construction management, property management, apartment rehabs, real estate strategy, investment risk, rental property upgrades, project budgeting, construction timelines, contractor quality, renovation mistakes, investing efficiency, maximizing NOI, real estate due diligence, smart investing, speed of execution, housing shortage

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