This strategy involves purchasing properties that require repair or renovation with the intent to sell them at a higher price for a quick profit. Investors typically look for distressed or undervalued homes, invest in necessary repairs or upgrades, and aim to sell the property in a short time frame, capitalizing on the increased value.
In this long-term investment approach, investors purchase properties with the intention of holding them for an extended period. The primary goal is to generate ongoing income through renting out the property. Over time, investors also benefit from appreciation in property value. This strategy requires managing the property and dealing with tenants, but it offers a steady income stream and potential tax advantages.
This real estate investment strategy involves acquiring properties that present opportunities to significantly enhance their value through extensive renovations or demo and redevelop. A key approach is to add square footage or undertake development on the property based on existing zoning laws, with the aim of fully utilizing the lot. This can include building additional structures, expanding current buildings, or repurposing the property to better meet market demands.
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