European Financial Crisis and US Real Estate
February 6th, 2012 -- by Ryan TuckerAccording to Chief Economist Jed Kolko (@jedkolko) at Trulia,
“As Europe’s financial crisis turns into a deeper recession, Europeans will spend less on nearly everything, including real estate. But for those Europeans who would still be in a position to invest, U.S. assets — including U.S. real estate — could turn out to be safer investments than European stocks, bonds or property.”
In the wake of financial tension and bailouts, the euro is struggling. This is isn’t news to Europeans, but the question for them is, “What now?”
As the euro continues crumbling, so do the stocks, bonds, and property values. Thus, many investors may be looking for a new – safer place to invest their money. While this won’t be possible for everyone, it is a tangible way to protect against the declining euro.
The real estate market in the US will be flooded with new foreclosures this year, which will provide incredible opportunities for investors to purchase properties considerably under their market value. Then, that property can be rented to create monthly cash flow for the investor.
Consider the following investment:
Purchase for $22,900 USD
Renovation $12,500 USD
Total Cost $35,400 USD
Invest to rent/let and earn approximately $500 USD monthly cash flow for you – the investor.
We manage your property, oversee the renovations, and find tenants for you. All you have to do is enjoy the new cash flow and rest easy knowing that your money is secure.
Want to learn more?
Contact us today. (We also speak German and Spanish to better assist you with international investments.)
Tags: buy to let, European financial crisis, invest to let, Investing in US real estate, security for europeans