It is imperative to always study and research the investments one is contemplating on making. There are many financial institutions, advisors, and experts located in the city of Aventura. It’s important that real estate agents in Aventura and mortgage brokers in Aventura look at the past and present performance of the investment as well as the future outlook. The future is never definitive, but there are factors that help in making an educated decision for the future performance of your investment.
As opposed to stocks, bonds, mutual funds, and other financial vehicles, a real estate investment does not take 100% upfront capital contribution. Finances are readily available, and help the real estate investor take the lesser of the risk on his/her investment. This is where the concept of O.P.M. (Other People’s Money) comes into play. The best way to make money is to put as little of yours at risk, while at the same time enjoying the benefits of the gains. When looking at the real estate market in Aventura or elsewhere in South Florida, one can see from the past that it had its ups and downs (way up in the last four decades!). The present is down, but the future looks bright for the South Florida real estate market – whether it’s your luxury Aventura condo or first real estate investment. I’m far from being a real estate investment expert, but if you won’t take it from me, the following article by Blanche Evans, further illustrates my thoughts…
"While real estate softens in the rest of the country, three out of four wealthy Floridians remain optimistic that their homes will continue to appreciate in value, according to a survey by Harris Interactive and The PNC Financial Services Group, Inc., a wealth management company.
They are more optimistic than those in other states, the survey found. Nearly three quarters (73 percent) of South Floridians expect to see double-digit increases in the value of their primary homes over the next five years, with half anticipating an increase of 20 percent or more. By comparison, just over one in four of the wealthy outside the area expects a 20 percent hike in value, said the report."
read more click here
I like to highlight and start with POSITIVE THINKING;however, to be fair let's take a look at what Mad Money's Jim Cramer had to say about real estate investments. Again, remember there are always two sides to every story. Investors should always be well educated about each pro and con before they "put the pedal to the metal."
Our most recent posts
Monday, October 15, 2007
Aventura Real Estate Future - Positive Thinking
Posted by Michael Heiblum at 9:11 PM
Tags Aventura condos, aventura real estate investment, mortgage brokers, positive real estate news, real estate agents
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment