Uriel Dostov is a highly successful real estate investor who has achieved exceptional returns in the highly competitive New York City market. With over a decade of experience, Dostov specializes in value-add investments, which involves identifying properties that are underperforming or undervalued and implementing strategies to increase their value.

His approach of value-add investing is rooted in a strong understanding of the underlying math and economics of the real estate market. He uses a variety of tools and techniques to analyze the potential returns on a property, including cash flow projections, net operating income calculations, and cap rate analysis. By carefully analyzing each potential investment, Dostov is able to identify properties with strong upside potential and implement strategies to unlock their value.

One example of Dostov’s success as a value-add investor is his recent acquisition of a 10-unit apartment building in Brooklyn. The building was in need of significant renovations and had a high vacancy rate, but he recognized its potential and saw an opportunity to increase its value through targeted improvements and marketing efforts. With an investment of $500,000 in renovations, including upgrades to the building’s facade, new landscaping, and interior improvements and a new marketing campaign to attract high-quality tenants, the building’s occupancy rate increased from 50% to 90%, and its net operating income increased by 40%. Dostov was able to sell the property just two years later for a 300% return on his investment.

This type of success is not uncommon for Dostov, who has a long track record of identifying undervalued properties and implementing strategies to increase their value.