Episode #1238 Try REsimpli, The Only All-In-One Real Estate Investor CRM Software That Helps You Manage Data, Marketing, Sales, and Operations: https://resimpli.com/biggerpockets?utm_source=bigger_pockets&utm_medium=youtube_qr_code&utm_campaign=real_estate_show See Dave, Henry, and James at the Value-Add Conference in Seattle: https://get.biggerpockets.com/seattle/?utm_source=youtube&utm_medium=description&utm_campaign=none *What if you could create home equity and cash flow out of nothing?* It’s not magic. We’ve done it hundreds of times, and most real estate investors still think it’s impossible; meanwhile, experts are *making 30%-50% ROIs* (return on investment) in places where nothing on the market will cash flow. *The secret? Value-add investing.* Today, we’re sharing the entire playbook, giving you actual examples and steps to turn basic properties into cash-flowing, high-appreciation investments. Your experts? *James Dainard, arguably the best flipper in Seattle, who’s done (literally) thousands of flips, BRRRRs, and value-add investments,* and *Henry Washington* , making killer returns by finding hidden space most people miss. We’ll go *easiest to hardest* , so even beginners can get their foot in the door. Anything from *painting walls and replacing floors* can massively improve your returns. Take it up another level, and you’re *adding bedrooms and bathrooms* , making a huge difference in the home. Finally, heavy value-add—want to *rearrange the whole house* and walk away with up to a 50% return? That’s James’ bread and butter. We’ll give you the *exact steps to take, the properties to look* for with value-add potential, the people you need on your team to get it done, and when to build rather than buy and rehab. Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media 🎉Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets: https://biggerpockets.com/bpcon2026 Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab James' Book, _The House Flipping Framework_ : https://store.biggerpockets.com/products/the-house-flipping-framework?utm_source=youtube&utm_medium=description&utm_campaign=none Sign Up for the BiggerPockets Real Estate Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders _BiggerPockets Real Estate_ 1088 - High-ROI “Value-Add” Renovations for Any Budget ($5K – $50K+): https://www.biggerpockets.com/blog/real-estate-1088?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with James: https://www.biggerpockets.com/users/jdainflips?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Henry: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 02:08 Types of Value-Add 06:33 Rental Investors SHOULD Do This 08:30 1. Cosmetic Updates (Easy) 12:02 Sponsor: REsimpli! 12:40 2. Light Renovations (Medium) 19:08 This is CRUCIAL! 23:27 3. Heavy Renovations (Hard) 29:49 30% - 50% ROI! 30:29 BEST Way to Start 35:10 New Construction (Building) 38:27 See Us in Seattle!