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When someone says they are interested in value-add multifamily or when a listing is marketed as value-add does your mind go right towards physical value-add or operational value-add?

For clarification: by "physical" I mean the actual property needs improvement and repairs vs "operational" where I...

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Guest Insider Hey Dan! I would personally say I think of the “physical” repairs needed.
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Brent Williams My mind always goes towards physical, but also not always repairs. I've seen some companies who always include better lighting in all their value-add plans, for example.
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