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When investing in Value Add Real Estate, construction knowledge is critical to avoiding costly mistakes that can ruin an investment. Dealing with contractors, engineers, architects, etc. can be a shark tank because they’re all trying to get your money. Also, if vendors don’t know what they’re doing or don’t have aligned interest with you, it can turn into an incredibly difficult situation. Van Sturgeon, seasoned Real Estate investor and principal of Greywood Restoration Ltd, has an extensive multi-decade career in construction and property rehab, so he knows how to maximize his investments and avoid common costly mistakes that others make when dealing with heavy value-add properties.
