Why should I invest in US real estate?
Nov - 07 |
Alex Rechtorik |
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US real estate
As a foreigner have you ever thought about investing in US real estate? For Australians, given the strong Australian economy and dollar, now is a good time to be an Aussie investing in US real estate. If you are willing to think outside of your current state or suburb than you’re facing one of the greatest investment opportunities of a lifetime. Right now American real estate is selling at bottom end prices. The cost of homes in the United States are at 30 year record lows. If you don’t think those prices are going to rise again, then you need to have a good look at the facts. America is the biggest, richest, most powerful, most dynamic nation in the world. An economy like that isn’t going lie down forever. What’s more, everyone knows that the economy moves in cycles, what goes up must go down and vice versa.
Right now the biggest real estate sale in history is underway. Due to the GFC real estate in some areas has dropped by 40 – 60%. That’s a huge correction, but it also indicates that prices will reach that benchmark again. But with depressed prices like that, now is the right time to get over into the USA market and start buying. The Australian who invests in American real estate now could see that investment double and triple over the next few years.
But if you’re in Australia, how do you do it I hear you ask? How do you deal with the red tape, the beauracracy, the finances when you are a 16 hour flight away? Who can you trust with your investment funds?
These are all valid questions and are the greatest constraints to many foreigners moving to the next step of US property investment. Here you will find property that has been selected by Australians living in the USA working as licensed realtors in the US real estate industry.
Keep an eye out for the future blogs and newsletters as we will be putting together a number of tools and reports for you to completely understand the US real estate property advantage so you can feel confident in taking the next steps in your investment strategy.
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