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...

Hochfelder recommends that you research before you invest

Real estate is a business and like any other, it also requires that you plan, analyze, negotiate and manage. If it’s not producing a profit, your business won’t stay in business for very long. Adam Hochfelder has been in the real estate industry for over three decades. As he explains, this business demands a certain level of commitment. But unlike many other businesses, real estate allows you to control your working hours and set your own schedule. The important thing is to set the goals that you want to achieve, and then work to make that happen. Setting clear and specific investment goals will pave the way toward becoming financially independent. In real estate, objectivity is very important. As human beings, we have the tendency to either like or dislike a certain property. But if you are in the investment business this can be a big financial mistake. That’s why objectivity is the key to success as an investor. Knowledge is the other tool that can save you from sure failure. ...

Adam H - Labor Market Outlook

The Bureau of Labor Statistics recently announced their results from the studies regarding the future of the labor market in the U.S.A, in which several experts, including business real estate executive Adam Hochfelder, elaborated their thesis on the labor market outlook. Apart from the actual trend of employment development, the study focused on the employment dynamics in the major industry sectors by 2035. The further expansion of the labor market and the ongoing worldwide globalization of industry, trade, and services are resulting in new and changed skills requirements for employees. Hochfelder , an ARTIC member, has extensive experience in the real estate market, and as he says the world financial markets are comparing every location in terms of the profitability of an investment. Due to the increasing number of retiring workers and the constant population growth, new job openings are forecasted, which means the number of workers is expected to increase. Considering thi...

Adam Hochfelder

Search This Blog