Best Places to Buy Real Estate

In case you are thinking about purchasing a real estate property, we recommend that you take a look at these real estate markets, suggested by New York real estate managing director Adam Hochfelder. Wealthy people from all around the world are always looking for new investments, and for many, that means investing in the United States real estate market. A recent survey conducted on over 30 00 people from all around the world, showed once again that America is the most desired destinations for living.

Some of the things that gave America advantage over the other countries were innovation, opportunities, and livelihood, but compared to other, America falls behind in democracy ruling and global conduct. According to Hochfelder's articles for Bigger Pockets, the current political and economic situation also helped America rank on the top. The survey included over 20 developed countries, and a few developing countries, that play different, but important roles in international relations, trade, and business, cultural and touristic activities. The highest ranking countries are mostly part of the Western market economy. Brazil is one of the developing countries that is ranked relatively high, and is placed on the twentieth position.

Representatives of the digital generation are increasingly influencing the current trends, and it is becoming more evident that “the reputation of the rich” has less and less power in their eyes. Egypt fell six positions down and is now in the thirty-third place. South Korea has shown substantial growth and moved up on from the thirty- third place, to the 27th place.

In terms of the United States, Houston was chosen as the most desired city, with the best living conditions. During the last few years, numbers of employment in Houston grew for 2.6 %, and nearly 50 000 Americans, most of them young and educated, moved there because of the good conditions. As Adam Hochfelder state on his Scalar blog, the average age for Huston residents is 33 years old. Cultural gatherings and happenings, as well as quality bars and restaurants, are also part of the reason why Houston has turned into America’s favorite destination.

Comments

Things to Know About Investing in Hotel Properties

The hospitality industry is one of the most solvent and fluctuating industries. On a daily basis, this industry deals with transient customers. According to the real estate investor and developer, Adam Hochfelder , this type of the business climate in the hotel industry provides numerous lucrative reasons for investing in hotel properties. Here, Hochfelder gives the key variables you need to take into account when planning your investment. Overview of Asset Classes According to the type of services they provide, there are four main types of hotels: full-service limited-service budget hotels extended stay The "full-service" offers everything a guest might want, including restaurants and bars, conference halls, fully equipped spas, and leisure and sports centers. The "limited-service" is a step-down and offers almost as much as a "full-service". This is typically a restaurant, a fitness center, conference rooms, and a swimming pool. This...

How to Start a Real Estate Investment Business

Investing in real estate can bring life-changing results. Being able to provide for your family and set yourself up for an easier future is a possibility when you’re investing in real estate, but it doesn’t come without some hard truths. For new investors, getting into the business of buying, selling, and renting homes may seem pretty ambitious. But like any other area of personal finance experts, real estate investing eventually comes down to some simple basics. Making a Plan With the right strategies, patience, and a willingness to learn, it’s a discipline that can help you make strides on the path to financial independence.

The After Effects of Real Property Acquisition and Development

The typical acquisition is a fairly short process, where normally the parties involved walk away after closing. But sometimes the effects of an acquisition stay longer and linger on the buyer. After a deal has been made, the buyer owns the property and has to live with its flaws, while the seller can have some exposure to liability for non-disclosure, environmental contamination, etc. Satisfying the parties’ reasonable expectations in these areas is a major part of the negotiation that purchase agreements include. During the past couple of years, the general outlook on real estate acquisitions has shifted from a traditional point of view. Due to that, more and more often, we see potential buyers seeking guidance from real estate experts. Adam Hochfelder currently serves as the Consultant of Real Estate Acquisitions & Development at Merchants Hospitality, but prior to that, he was one of America’s most famous real estate executives. Now he uses his industry knowledge and experie...

Adam Hochfelder

Search This Blog