Why The Best Investment In 2016 Might Be Global Real Estate

July 18, 2016 | by Kenneth Rapoza
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Market consensus now has equities flat to negative in 2016. Much of it is due to rate hikes and an end to QE in the U.S. After that, China and oil are to blame for everything else. It's hard to find an equity bull except at the value funds. Bonds? Forget about it. Outside of a handful of emerging market local currency debt managers, global bond funds are bracing for a drought. "Volatility is likely to rip through financial markets in the first half of 2016. Today’s turbulence is only the beginning," says Nigel Green, CEO of deVere Group, a financial advisory firm based in the U.K. “There’s a cocktail of uncertainty, with the main ingredients including China’s economic woes, higher interest rates in the U.S., historica... Read More

Get the 411 on financing an investment property

April 25, 2016 | by National Cooperative Bank
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Have your eye on an investment property, but need a little help to make your landlording dream a reality? “Assuming the property can command enough rent, interest rates are still low enough to make financing an investment property an attractive proposition,” says Robbie Gendels, a senior loan officer in the New York City office of National Cooperative Bank. “Just be aware that getting a mortgage on an investment unit is a little bit different than getting one for a home that is your primary residence.” Here’s what you need to know about getting a mortgage on an investment property: It will probably be an adjustable-rate mortgage: The federal government doesn’t back mortgages for investment properties, which means ... Read More

Millennials Investing in Rental Properties

December 1, 2015 | by Lisa Prevost
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Travis Killian, a business owner in Austin, Tex., is a typical 27-year-old in that he doesn’t own his own home — he is a renter. But unlike many of his peers, he can afford to buy. In fact, he owns nine single-family rental properties in various cities around the country, and is in the process of buying eight more. Mr. Killian said he decided to take the profits from his lead generation business out of the stock market because he wanted more control. Instead, he invests in properties he finds on HomeUnion, which lists investment properties in 22 markets nationwide and helps buyers finance and manage them. Meanwhile, he’s not ready to invest in a home for himself because he’s not sure he wants to stay in Austin. “I’m... Read More

NYC leads global real estate investment to post-crisis record

October 19, 2015 | by Konrad Putzier
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Global investment in real estate reached its highest level since 2007 in the first half of the year thanks to a flurry of deals in the Americas and New York City, according to a new report by CBRE. New York City was by far the biggest market, attracting $40.1 billion in investment over the first two quarters. That’s 10 percent of the global total of $407 billion – a staggering share for a city, accounting for 1.8 percent of the world’s economic output. London ($19.4 billion) and Los Angeles ($19.3 billion), the next biggest markets, each recorded less than half of New York’s investment volume (see chart above). Major Manhattan deals that closed in the first half 11of the year include the $2 billion sale of the Waldorf Astoria H... Read More