There is a tremendous benefit to the community when you have an educated sector of real estate investors actively investing in the local housing market.
First, we teach investors how to find and redevelop existing properties that are often the eye-soars within a neighborhood. Many of these blighted properties are vacant and not generating property tax revenue for the city. Some of these vacant properties can also be a threat to the community because they are hubs for drugs and crime. Some of these properties sit vacant for years until an investor is willing to purchase and redevelop the property.
Often times when the investor is finished redeveloping the property it has been transformed from one of the most ugly houses in the neighborhood to one of the nicest. This positively impacts the housing prices within the neighborhood as well.
In addition, real estate investors help stimulate the local economy in many ways. Investors purchase building materials for their projects and provide jobs for contractors, Realtors, and various other real estate professionals. They also help generate tax revenue for the city because the property is once again on the tax rolls.