In a world where investors are looking for steady streams of income and not wanting to put all their eggs in one basket, many have turned to real estate. The stock market has shown its weaknesses over the past 30 days due to the COVID-19, and as people are being laid off from their jobs at record numbers there has never been a better time to protect your net worth, retirement or financial plan with the acquisition of real estate.
Those individuals being laid off are now saving their money and trying to make money for two reasons and two reasons only. Those reasons are food and housing. No matter where the world goes, we will always need food and housing.
In his book money master the game, Tony Robbins listed real estate as one of the few safe havens for your money, especially through economic downturns.
I myself own property that can quickly be used as collateral in times of uncertainty.
Real estate goes up in value on average of 4% a year with the ability to do much more in the hands of the right investor. This 4% return on appreciation does not take into account possible cash flow and tax benefits.
The asset only ever receives scrutiny from those obsessed with the stock market and owning and operating hedges funds, however they all pretty
much own their own homes and a portfolio of debt-free real estate.
Why is this? It goes back to security. There has never been a safer investment in today’s economy. The stability of BVI real estate is often compared with Bonds and Treasury notes.
RE/MAX Best Priced Properties is your local British Virgin Islands real estate agent helping individuals all around the world to buy and sell Caribbean real estate.
A prudent investor should secure their financial future by owning pieces of real estate in emerging markets within the Caribbean . We will be talking about emerging real estate markets in our next blog.
Rico Garcia:
☎️ (284)346-2444
📧 ricogarcia@remax.net
Check out our latest listings:
https://remax-bestpriced-bvi.com
Photo by Saketh Garuda on Unsplash