Aucklanders viewing properties elsewhere
27th Jun
For some, investing in overseas property seems like risky business. And without proper due diligence, that would probably be the case. However, when you've done your research you'll find it can be incredibly rewarding; and not just financially. If you're looking to diversify your portfolio, American property investment might just be the way to go. Consider, for example, the following four advantages of purchasing internationally:
1. You retain control: When you buy, rent, develop or sell, is up to you. You can work according to your personal schedule and requirements.
2. You generate cash flow in another currency: It's a excellent diversification tool, particularly when that foreign dollar appreciates.
3. It's a great inflation hedge: Real estate is a hard asset, making it better than simple cash flow. It will retain its value independent of a currency's nominal value.
4. Real estate investment offers multiple opportunities: Not only can you rent out your property, it can also double as a part-time residence or vacation getaway spot.