Why Invest in Australia?
The opportunity to buy an investment property which provides immediate equity is an exciting one and the investment opportunities being presented to us in the USA as a result of the GFC are astounding.
The key to optimum profitability is recognizing the low point in price and investing as soon as possible. As a result of the GFC, real estate prices in the USA have crashed causing some property owners to now owe more on their mortgage, than their home is actually worth on the property market. Sadly due to the economic downturn many home owners have now had to foreclose on their properties therefore swelling the foreclosure market and giving savvy investors the opportunity to purchase real estate at heavily discounted prices. Investors seeking long term investments see this as an opportunity to generate a positive cash flow and welcome the inevitable prospect of capital growth once property market values return.
FBC have conducted thorough research on all of the major cities in America and have realised that Detroit has the most to offer in terms of capital growth, potential and growth of the city itself as well as structural support and backing of the government to re-establish. Home to the three major automobile companies in the world, it is also known for its large shipping trade. As such we believe that Detroit will be the most profitable to investors and to support this we have our own office in Detroit, and have constant access to all the services that other companies have to outsource. This ensures that we are constantly in touch with local development.
The US government has contributed (and allocated continued funding injections of) almost $100 billion into the local workforce. Known as the city under renovation, Detroit is also the beneficiary of massive new industry injections and infrastructure upgrades. These changes are expected to drastically boost the economy and image of the city in the years to come, ensuring long term benefits for investors. With government funding providing enviable security in the ongoing workforce, plus a massive contingency of government guaranteed rental demand, Detroit is a very safe investment.
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