Connect with us

Business

5 Best Cities for Real Estate Investment

Published

on

Are you wondering where you can invest in real estate in the US? That fact is, when it comes to real estate investment, there is no one-size-fits-all approach. What’s right for you might not be suitable for the next investor. Where you invest depends to a greater extent on your personal preferences and investment objectives.

However, there are certain everyday things that many investors look out for. These include affordability, population growth, job growth, taxes, to mention a few. Whether you are a novel or a hardcore real estate investor, you need to consider the top five cities for your next investment venture.

Scottsdale, Arizona

Located in the eastern part of Arizona, Scottsdale is famous for its golf courses and lavish spas. It is one of the best cities in Arizona for real estate investors. There are many reasons for this. The economy of Scottsdale is growing and robust.

That’s why there are many Scottsdale homes for sale. Its fast growth is attributed to the fact that there’s an average annual increase of about 3.2% in employment opportunities. The high influx of well-paying jobs and companies is also attributable to its business-friendly policies, especially on taxation matters. In 2017, WalletHub ranked Scottsdale among the best cities in the US for employment opportunities.

Most industries in Scottsdale are doing well, including tourism, hospitality, technology, and healthcare. Another advantage of investing in Scottsdale is that there’s an acute shortage in housing inventory, which causes a steady rise in house values. Not to mention the lower cost of living when compared to California and New York. Scottsdale boasts higher living standards. That’s why if you look at most of the Scottsdale homes for sale, they are found in high-end areas.

The city has a vibrant downtown area, convenient access to Spring Training facilities, high-end shopping, and other tourist attractions. To crown it all, there’s a high demand for traditional investment properties in Scottsdale. For example, many people consider Scottdale as the best city to retire in the US.

Lexington, Kentucky

The best decision you can ever make is to invest in Lexington’s real estate market. Even though it may seem like all investors are looking into real estate, this city still holds a lot of hopes for those who want to try it.

Why should you look at Lexington? There are many reasons to do this. For a start, the rates here are low and rental units are in great demand. Most people in Lexington prefer rental to homeownership. So, you need to identify the neighborhood where you can get tenants, and you’ll be good to go. Another advantage of Lexington is that its economy is doing so well. Meaning many people here do not have any problem paying rent.

Boise, Idaho

The latest census puts Boise’s population at 234,576. Being the capital city of Idaho, this is expected. It is the 97th largest city in the US, with an annual population growth rate of 1.25%. Since 2010, its population has increased by 14.04%.

Boise has all that it takes to be the best place for real estate investment. Apart from the low taxes, many investors here are eyeing the student market. It is the biggest student market in Idaho because it is home to Boise State University, Idaho State University, and the University of Idaho plus all their satellite campuses. Also found here is the Boise Bible College.

Another factor fueling the Boise real estate market is that job opportunities are available here. In Boise, job opportunities and population grow at a rate that’s three times that of the national average. This explains why many people are moving to Boise, and all of them are looking for residential properties.

Boise provides an excellent quality of life and is one of the best cities in recreational opportunities. Its location will put you within reach of the local wilderness. Its climate is also conducive, making it comfortable for skiing, rafting, biking, golfing, hunting, kayaking, and even rock climbing.

Austin, Texas

Many people associate Austin, Texas, with live music, but that’s not all that Austin is about. News is spreading about how this city is lively and is ripe for real estate investment. Many commercial and residential investors have discovered that Austin is among the hottest markets for real estate investors in the US.

What with its continuous expansion courtesy of its population growth, high-class schools, availability of jobs, affordability of housing, industry influx, and tax benefits. Many tech companies are found in Austin, including PayPal, Amazon, and Apple. The big industries that fuel this city’s growth include the pharmaceutical, biotechnology, and technology sectors.

Austin has a population of about 985,000 people, and it is estimated that the city receives at least 100 new residents daily. Austin’s property prices keep rising, and experts expect that Austin’s real estate market will do better than the national average in just a few years to come. This is because many companies, including Tesla, are expected to move to Austin, and the existing ones are also expected to expand.

Sebring, Florida

Florida is known for its vacation destinations, theme parks, and picturesque beaches. It is also a cultural melting pot supported by a robust economy. These are justa few of the reasons real estate investment in Sebring is a good bet.

Sebring’s economy is growing, which is the most critical factor that should drive you to invest here. Florida is one of the states that perform well economically in the US. With a GDP growth rate of about 4%, it is ranked four in the US.

Besides, Sebring is also a tax-friendly city, which makes it suitable for all kinds of businesses. Florida is among the seven states where personal income tax is not levied, meaning entrepreneurs and investors can substantially reduce their tax burden.

The unemployment rate in Sebring is meager, courtesy of its growing economy. According to the Bureau of Labor Statistics, Florida data, the unemployment rate here stands at only 3%, which is below the country’s average. The growth of its economy is also attributed to its population growth rate, ranked 2nd in the whole country.

Final Words

The cities discussed above are the best when it comes to real estate investment in the US. Depending on where you are or where you intend to invest, choosing any of them to guarantee you some return on your investment. The fact that they are showing positive population and economic growth means they are the most suitable cities for real estate investment. Whichever city you choose, ensure that the neighborhood you invest has access to health, education, transport, and recreation facilities. This will increase your chances of getting tenants.

Hi. I am Muhammad Mubeen Hassan. I am SEO Expat and Wordpress Websites Developer &  Blogger. 30 years old. I help entrepreneurs become go-to in their industry. And, I like helping the next one in line. You can follow my journey on my blog, for list Click Here If you need any post so you can email me on my this Email: mubeenh782@gmail.com  

Continue Reading
1 Comment

1 Comment

  1. Muhammad Mubeen Hassan

    March 14, 2022 at 1:03 pm

    The natural beauty of the powayreal estate area is characterized by rolling hills, lush landscaping, and more than 3,000 acres of wide-open space.

You must be logged in to post a comment Login

Leave a Reply

Business

Diamond Investment The Truth About Fancy Colored Diamonds.

Published

on

Movies and songs are filled with diamonds. Photographers love snaps of celebrities flashing diamond rings. Diamonds are beautiful and dazzling and often signify a commitment to love But the one thing they don’t give substantial returns as an investment in diamonds. This includes fancy and colored diamonds that originate from Canada.

Find answers to the following questions:

  • Where are fancy-colored diamonds from?
  • Are diamonds a wise investment?
  • Are diamonds scarce?
  • Colored diamonds are used as investment opportunities
  • How can you sell diamonds with confidence?
  • Where do Colored Diamonds Come From?

Specific colored diamonds can be found organically. Diamonds are formed at high pressure deep within the earth. When foreign particles and trace minerals are introduced into the process of crystallization, it alters the chemical process, which can result in a distinctively colored diamond. They are also known as naturally colored diamonds.

Color-treated diamonds are natural diamonds that have been colored to enhance their color. It is typically done through the process known as high pressure and temperature. (Conversely, this process could transform a diamond that is colored into a colorless diamond.)

Are Diamonds a Good Investment?

Making investments in physical goods, like diamonds in loose or gold, could be a lucrative option. However, is buying diamonds for investment purposes a good idea? Do all diamonds that are of the highest quality improve in value?

While they’re sought-after for their beauty and shine, diamonds aren’t scarce. They’re one of the most commonly used gems that can be found. The perception of value for diamonds, in general, may be related to the erroneous but widespread belief that diamonds are “scarcity.” The notion is the result of a clever marketing campaign of De Beers and because some diamonds have gained fame for their astronomical value, such as the infamous (and legend has it the cursed) Hope Diamond.

However, these diamonds tend to be huge or have extraordinary clarity. Diamond investments generally don’t make a profit. Greens, blues, pinks, and red diamonds have risen dramatically over the last 10-20 years. If you purchase the diamond for a significant wholesale price discount, you’ll require an incredible market movement to earn a profit.

A vehicle appreciates when you take away from the dealership up to 9 percent (per edmunds.com). The same is valid for diamonds. A diamond’s value decreases as you leave your jewelry shop or department, often up to 50% and at times even lower, down to 25% of the initial value of the diamond at the sale.

Do Not Forget My Beers A Myth of Diamond Scarcity

In 1888, following the discovery in the 1870s of diamonds in South Africa, the De Beers commercial mining company was in charge of the majority of diamante production and distribution. in 1902, that number exceeded 90 percent. It was for their benefit and continued profit to perpetuate and create the notion that diamonds were rare. From the 1930s onwards, De Beers also successfully advertised the notion that, in essence, diamonds equal love.

Diamonds are expensive at the time of initial purchase due to their price being dependent on demand from the market and supply.

Colored Diamonds and Fraudulent Victims

They are plentiful, and they often target vulnerable older people.

A boiler room operation operates under the brand name “No. 1. Gemstones” targeting elderly British expatriates in Spain. Cold calls were made to sell “rare” colorless diamonds. The scammers cheated victims out of one million dollars (about $1.3 million US) before the police arrested them.

In another scam involving colored diamonds, CDX Worldwide Ltd. made $1.2 million ($1.7 million US) by cold-calling. The company was registered with an online address in London; however, the website linked the customers to a company with a similar name within the United Arab Emirates.

A Toronto-based fake colored diamond business, Paragon International Wealth Management Inc., has racked up fraud on customers of approximately $1.7 million US and sent diamonds that didn’t meet the worth of their purchase.

In WP Diamonds, we have talked to a variety of clients from our clients in the UK, US, and Canada who have poured their savings and savings into “tremendous investments in diamonds” only to find out that the diamonds they purchased are, even years later – only worth an only a tiny fraction of what they that was invested. Some were even worthless.

How Can These Companies Get Through It?

There isn’t a cost-per-cart guide for diamonds of color as with the Blue Book. Each diamond is distinctive, and there is a lack of price information on the market for consumers to find, which is why it’s tough to conduct your due diligence. If a convincing salesperson offers you an investment opportunity worth your money, It is difficult to refuse.

How to Sell Diamonds and Diamond Jewelry Securely Online

WP Diamonds provides a safe and secure method of selling diamonds online. We offer transparent price estimates and quick payment. Our process could take as little as 24 hours, beginning to completion.

  • Experts in luxury: Our team of GIA-certified gemologists, possess the experience and knowledge in the field to provide you with an accurate price for your diamonds on the basis of the market for second-hand diamonds. We purchase various luxurious items, including diamond engagement rings, handbags, and watches.
  • FREE SERVICE: You can sell online or through an appointment (NYC, Hong Kong, Tokyo, and the UK). Our service is free, without fees or commissions taken from the final price you offer.
  • Reputation: We’re happy with the A+ BBB rating and more than 1,000 reviews from customers.

Where Can I Buy Sustainable, Fancy Colored Diamonds at the Lowest Cost?

The most eco-friendly and sustainable way to purchase fancy color diamonds would be to purchase recycled diamonds. They are not only greener because they don’t create the mining of diamonds for new and are less expensive.

Diamond mining is a burden on the environment due to the destruction of land and carbon emissions, the loss of water, the degradation of species diversity, and so on. Although Canada has the most stringent environmental standards concerning diamond mining and demands that the profits go to mining firms rather than groups that make money from forced labor, Canadian diamond mining still causes some environmental disruptions.

Diamonds that have been recycled offer the highest guarantee that the diamond you purchase is not mined or created at the cost of adults, children, and the environment. Explore a variety of recycled colored fancy diamonds and diamond jewelry pre-owned at my Emma without compromising on quality.

Continue Reading

Trending

%d bloggers like this: