
There has been much news about the number of distressed-property sales thare expected to rise over the next two years, keeping pressure on prices. So, why should you invest in real estate now? "This is an excellent opportunity for investors to diversify their portfolio and build as solid price appreciation down the road," said Eric Skeeter, Pillar Property Group.
The real estate industry has worked prudently to raise the capital of more than $30 billion over the past year by issuing new equity and debt. This move has eased many investor's concerns that the industry did not have the cash to survive the downturn of the market itself. "The downturn of the mortgaging market itself has enable us to acquire properties at fire-sale prices and sell them to potential investors at reasonable prices, These investors in turn have a strong cushion in a rollercoaster mortgage market," said Steve Tavenner, Pillar Property Group. So, how much should of your financial portfolio should you set aside for real estate investment? Most financial advisers suggest you should have a good 5% of your portfolio in real estate now. "I suggest investors to speak with real estate professionals who have inside knowledge at their fingertips before committing 5% of their portfolio to any property venture," said Skeeter. It is advised property investors to invest in regular intervals this year and next until their allocation hits the 5% mark. "This is an exciting time for potential investors because the growth of income is going to be exponential in the near future. If there is a time to invest in real, this would be it," according to Tavenner. The real estate market has had it ups and downs. In the amidst, real estate investors realize acquistions of sound properties in these neighborhoods and boroughs of surrounding cites and towns are going to pay some big dividends in the near future. For more information and questions about how to diversify your financial portfolio in real estate investment, please contact Pillar Property Group and submit query. | welcome to loan (http://www.yloan.com/) | Powered by Discuz! 5.5.0 |