When looking at real estate investments California is one of the best places to make profitable long term investments. If your looking for a way to increase your retirement portfolio or your real estate investment then you need to stop and reconsider your options.
There all various types of real estate investments but land and especially land in California is a very profitable endeavor. A few basic reasons that land is so popular and profitable are as follows.
1) California has only 15% build able land. The other 85% is restricted by Governmental organizations, the Sierra Club, and several other organization that are dedicated to preservation.
2) California also has the strongest factors when it comes to demographics. If you were to take California and separate it into it's own country you would see that as a whole California is between the 6th and 8th most powerful economy in the world.
3) If you were to divide it into 2 section one being northern California and the second being southern California you would notice that southern California is the 11th to 12th strongest economy in the world.
Over half of California's population lives within a 60 mile radius of Los Angeles. That's 17 million people and another 3 million people are expected to move into this same region over the next 6 to 8 years.
Also California has the ability to compete with entire nations such as Ireland, and China all on it's own. No where else in the world can you find these demographics.
But it's not just this that makes California the epitome of real estate investments it's the ability to find resources or resourceful people who know where the next big thing is. I'm talking about knowing where the best real estate deals are when it comes to land.
Land is not an investment for the hurried, fast paced real estate flipper who looks onward to the next deal. Land is an investment in which time is on your side. Using land inside of an IRA is the surest way to build wealth for your retirement.
Buying land with cash is just as profitable over the course of time. The tax benefits aren't the same though. Inside of a qualified real estate plan you have the ability to defer and in some cases eliminate taxes all together.
Think about that for a moment, TAX FREE real estate investments.
ไม่มีความคิดเห็น:
แสดงความคิดเห็น