Investing in Property During a Pandemic
It’s hard to believe that people are moving locations during the quarantine. However, if the timing is right, the budget is ideal, and the home is safer, why not? So many young couples are moving out of cities and into suburban areas. Shalom Lamm, an expert in real estate, proposes that before making a move, try to invest back into what you already own.
By investing in property with your name on it, the value of the land and home increase. There are so many simple, inexpensive improvements that can be done before moving out. For example, lawn care. This is a very underrated improvement but it can really help boost revenue. By cleaning up the landscape around any home and planting trees, flowers, and bushes, the value of the home can increase. In addition, purchasing new appliances is always a great way to add value. With so many sales constantly occurring, it’s important to snatch up appliances at a discounted price. Remember not to invest in furniture, since that’s something the buyer won’t be getting with their purchase. Painting, flooring, and window installations are great ways to build equity. Shalom Lamm encourages those with extra funds to invest because they can definitely profit in the end.