Kicked Off Best Places to Invest in Real Estate: Manhattan. Announcement

Kicked Off Best Places to Invest in Real Estate: Manhattan. Announcement

Manhattan, once the pulse of commerce and culture, was once the best place to invest in real estate. 2022 saw New York City’s population plummet down 342,449 people. That is more than triple NYC’s annual migration losses from 2010 to 2020. But where is everyone going, investing, renting?

Manhattan dwellers and well, all NYC professionals who have climbed the corporate ladder most of their lives are hearing every top reporter from Entrepreneur Magazine to The New York Times call the era “The Great Resignation or the Great Migration.” The savvy investor hears “The Great Opportunity,” because finding the right rental property to buy, can be a wealth-building machine. The cash saved from living outside expensive Manhattan jumped to the top of the list of retirement plans for so many.

“With so many newly minted remote workers moving out of expensive cities like Manhattan, the average amount of disposable income has risen high enough to become investable. It’s actually a perfect time to invest in single-family homes with the 30-year- fixed rate mortgages and retire with more abundance than ever.” –Adiel Gorel, owner of International Capital Group (ICG)

Finding a rental property to buy is a dependable way families create generational wealth and get their lineage out of being born under financial hardships. The heart and soul of investing, especially in single-family home rentals, is the 30-year fixed-rate loan because that loan never changes despite inflation and rising costs of living.

Consider that inflation will continue to erode the real value of a 30- year fixed-rate loan day after day, while the tenant is paying the rent each month. It’s a must-do that is actually extremely doable, right now.

What’s so exciting is that while inflation raises the prices of everything, causing the masses who rent in large cities to rent single-family homes, with a yard and a home office, and actually pay lower rents than in Manhattan, the mortgage payment never rises with inflation! It’s fixed so inflation is constantly eroding the value of the loan. Each year the remaining balance on the mortgage also never goes up with inflation. It’s fixed. It’s insanity. It’s power.

To learn more, contact us at: https://icgre.com