18 Reasons to Invest in Real Estate
13. Add Value after Purchase
Many investors love the fact that value can be added to a real estate property after purchase. This is especially true for those who buy properties below market value with the explicit intention to fix it up and sell for a profit. Many times home owners will simply not be able to afford the repairs and will sell at a discount since the overall population of people or investors willing to buy the home will be smaller. Many consumers will simply not be able to get a loan on a house that requires a significant number of repairs either. Other options to add value include adding livable square footage, finishing a basement, and more.