Remodeling

An option of investing in real estate is to buy a property used to remodel it and sell it later.

The remodeling projects allow increasing the value of homes, so that the final closing price is higher than if only the property is sold in its current state, explained Richard Josephberg Almorli Capital.

In addition, he added that, although the gain can be very variable, as there are some almost complete remodeling, or in very dynamic areas, the value of a property could increase between 5 and 7 percent.