Another subtle point is that we buy new homes so all the components are brand new . If there are delays , the components of the homes could be “ newer than new ” in the sense that many components , such as the roof , get put on at a later time and this are even newer than we had anticipated .
As of the end of 2020 , all our markets are trending up in price , and interest rate are at the lowest point in history . The Fed has also announced they have no plans to raise interest rates until at least 2023 .
It took me years to fully understand just how beneficial new homes are . I also started out as a “ cowboy ” buying old homes and renovating them . As the years went by , the brandnew homes showed consistently better results , while also providing the smoothest and most hasslefree experience as an investor .
Investors sometimes think that buying an old home and renovating it will come out cheaper or better . I have seen many hundreds of these renovations , and somehow they always seem to fall short in one aspect or another . One example is when a 45yearold homes was bought and rehabbed . The rehabbers forgot about the 45year old pipes deep in the ground , and indeed those pipes burst and created a lot of damage .
There is no need to make our lives as investors harder . Brand new homes present an ideal and optimal investment for both the new and experienced investor .
Image by Paul Brennan from Pixabay
" There is no need to make our lives as investors harder . Brand new homes present an ideal and optimal investment for both the new and experienced investor ."
I will be discussing this at our upcoming online Expo , while also hosting expert guest speakers , and the market teams from the most relevant markets in the U . S . Everyone reading this is invited to attend for free . Please find the date and register at icgre . com / events .
ABOUT ICG AND ADIEL GOREL :
ICG ( International Capital Group ) Real Estate Investments was established in the 1980 ’ s . Adiel Gorel , founder and CEO , has been helping people achieve financial security for over three decades , and in that time worked with investors to purchase over 10,000 homes . Gorel is a real estate broker in several states in the U . S ., an international keynote speaker , and notable author of three books : Remote Controlled Retirement Riches – The Busy Person ’ s Guild to Real Estate Investing , Invest Then Rest – How to Buy Single Family Rental Properties and Remote Control Retirement Riches – How to Change Your Future with Rental Homes . He has been featured on major television and radio networks across the country and in Fortune Magazine . He has also been featured on Public Television with his show , “ Remote Control Retirement Riches with Adiel Gorel .” To invite Adiel Gorel to speak for your group , email
info @ icgre . com and visit
AdielSpeaks . com . For more information on ICG Real Estate Investments visit
icgre . com .
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