and Dundee Securities Ltd. (the “Underwriters”). This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been and will not be registered under the U.S. Securities Act of 1933 as amended and may not be offered or sold in the United States absent registration or pursuant webpage to applicable exemption from registration.
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Real Estate Investing With Cash? Why You Should Reconsider
It is more of a job rather than an investment option and the owner needs to be well-informed about current real estate market conditions and new rules and regulations pertaining to the field. According to Chavkerov, maintenance is one of the biggest disadvantages when it comes to real estate structures. Owning a structure can eat up a lot of time and effort on maintenance. Also, it needs to be understood that it is not easy to sell off a property.
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Real Estate Could Be More of a Job than an Investment Option, says Dmitri Chavkerov, President of Forex Peace Army
In fact, right now many investors have moved back into the market buying up properties that they will either rehabilitate and resell or rent out for cash flow. With interest rates still incredibly low, its easy to make a profit on the spread between your monthly mortgage payment and the rent you can get for the home. But this means you have to get a home loan, which probably means youll be working with a bank. Right now, banks are not enjoying a very good relationship with most consumers, and theres a lot of distrust in the marketplace some of it justified and some of it not. Its also true that banks would rather lend money for owner-occupied homes than investment homes, because there is less risk involved in these deals. That can make it harder to get the money you need from a lender.
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