What Value Add Really Means and How it Can Make You Millions | Terrance Doyle
Manage episode 354352811 series 2935370
In this episode, Dalyn sits down with Terrance Doyle and discusses value add real estate investing. In this episode, you’ll learn how Terrance transitioned from single family investing to mult-family investing, as well as the best way to add value to properties.
Terrance Doyle is a full-time real estate investor focused on Multi Family and Single Family real estate investments, also the host of BiggerPockets Multi Family Mentors Show. Terrance has a proven track record in both the apartment and Single Family sectors. Currently managing over $200M in assets, the Value Add Real Estate Company(VareCo) holds 350+ units in Terrance’s hometown of Des Moines, Iowa as well as 300+ units in the Denver metro.
VareCo, which Terrance co-founded in 2015, has grown its portfolio year after year averaging 10 Multi Family acquisitions annually between the two markets with deal size averaging $4M. Combining 10 years of experience personally with some strategic mentors carrying 50-plus years of experience across a broad spectrum of real estate, VareCo has emerged a leader across Colorado/Iowa. This is largely due to its ability to close transactions quickly and solve a wide range of problems inside of the “value-add spectrum” from Single Family to Multi Family to even hospitality properties. VareCo also became one of the early-stage investors in Qualified Opportunity Zones in Denver.
Outside of real estate, Terrance is passionate about his family. He and his
wife, Julie, have two young children, Emilia and Noah. Julie and Terrance
are active in their local church in addition to serving on the board of a local
organization called Activ8 All-Stars which serves local children and families
with disabilities.
Tune in to learn more useful insights from this episode!
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Connect with Terrance
Email: terrance.j.doyle@gmail.com
Website: https://thevareco.com/
Instagram: https://www.instagram.com/terrancedoyle/
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Email: dalyndhazell@gmail.com
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