When it comes to real estate renovation, converting warehouses into lofts project may be one of the most exciting projects for modern developers. Not only are warehouses naturally spacious, but they also provide a unique style that’s perfect for the growing trend of industrial design.
One recent trend in real estate is to convert religious houses of worship into residential spaces. In New York City alone, there are no less than 16 such conversions. But it’s not just happening in New York. All around the world, churches, temples, and synagogues are being converted into houses, condos, co-ops, and apartment buildings.
In most cities around the world, abandoned buildings are regarded with distaste. This is true for NYC abandoned homes, factories, and buildings too. Abandoned buildings are eyesores, but for some investors, they can also be an incredible opportunity to bring something new to the New York City landscape.
For those interested in making some serious money within the real estate market, it’s worth looking into fix and flipping for beginners. While various types of property investment can deliver great returns, learning how to fix and flip can be one of the simplest ways to generate revenue from real-estate.
The key to a good Sharestates rehab investment is a healthy exit plan and an accurate renovation timeline. These factors are not just important for a real estate investment borrower, but also for accredited investors.
The foundation (literally) of any successful rehab project begins with hiring the perfect contractors. A contractor will be your eyes and ears on the ground of the project while investors are dealing with other concerns.