Just like other cautious investor I like to check all the due diligence before putting my money anywhere. Be it share or real estate I usually take all the necessary steps to check whether my investment is safe or not. This is the reason I chose the USA over other countries to invest in the real estate sector. There are a few reasons which influence my decision to take this step and I am sure that after going through them you too will support my decision.
Reasons for choosing USA as my real estate investment haven
As a seasoned investor I have enough experience in investing in the real estate sector of different countries starting from the oriental places like Hong Kong and Malaysia to Brazil. I have invested everywhere but I can assure that the benefits that you can get by investing in USA will be unmatchable.
First thing which I faced in other places like European countries and Latin American countries is the language barrier and cultural differences. Due to this your investing ambition can get hurt. Furthermore the USA has more real estate investment hotspots than any other countries. So the choices are ample. Secondly the appreciation of the value will be much faster as the economy is bouncing back again. Moreover you can also expect to get quite linear income tax burdens as a foreign investor. Now, when you have so many things in your plate, why should you choose any other place?
Investing in real estate is always a profitable venture as you can get steady return and safe investment option. But how lucrative is the yield? Maybe there is always a chance of having a loss due to your bad decision of investment especially when you are investing in the offshore lands. This is because you don’t know the country well and also are not well aware of the changing taste and preference of the demography. Thus when you intend to invest, you must consider a place or country where your investment will be safe. In this regard choosing the American real estate industry can be the safest bet. After the global slump the market is not turning on again and thus the prices of the American real estate properties are quite affordable. Moreover there are more benefits for investing in America too.
Making profit: as the market is again bouncing back so you can expect to get good profits. Due to the strong economic conditions the market is also going strong so there are little chances of making loss from investing here.
Lower rate of interest: as the market is still recovering from the blows of 2007 economic recession so to lure more customers the banks kept their interest also as low as possible. So you will end up paying lesser amount of mortgage interest at the end of the month for buying property.
Additional income: even when you are waiting for your property to fetch right price in the mean time also you can use your property for renting and can earn extra bucks easily.