Unlocking the Hidden Value of Buildings_ Transforming Spaces for Profit

Sometimes you see them get converted into clubs or whatever Well there's value there Somebody spent a lot of money on it Well one time somebody owns it too It could be a bank It could be whatever So taking that and creating value sticking a restaurant in it a gym in it a club in it It doesn't really matter who's in it What does Because you want them to pay you But now you're creating the income And then that's how you create value So in that example let's say you buy a building for a million bucks on a block With a tenant in it it could be worth $3 $4 $5 million So if it's a tenant in it the value is up Yeah Right Because then what you do is you put all that together and then you can actually sell it Got it And so even if the NOI is negative if you create a plan that creates value for the property and shows the increase that you're going to give the property's value the bank will give you the loan Oftentimes yeah And not always