Adiel Gorel, owner of ICG, has helped people buy thousands of rental properties and a secure financial future. Find out about the best places to invest in 2022 at this free event icgre.com/guide
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Twenty-five percent of all professional jobs in North America will evolve into remote work by the end of 2022, according to data analysts at Ladders, and remote work opportunities will continue to increase through 2023. Why remote work is here to stay, is very simple the people have demanded it. Now that people can live anywhere and still attract the right job, the next thought is naturally where, and will real estate prices drop in 2022? Most experts agree that real estate prices are not in a bubble and will not drop significantly in 2022. Despite the rise in real estate prices, the loan rates are still at an all-time low. Many now consider real estate investing as an affordable and reliable addition to any retirement planning already in mind.
“With The Great Resignation and Covid-19 still influencing the big decisions like where to live and how to live well, investors must accept that these changes effectively create masses of people looking to rent single-family homes with a yard and a home office. Each home is a personal retirement plan for the investor that acts now.” – Adiel Gorel, Owner of International Capital Group
With the loan rates still historically low, although much higher than a couple of months ago, and real estate prices rising, Adiel Gorel is hosting a free virtual event to answer questions about how regular folks can start a retirement plan that works, will real estate prices drop in 2022, and of course, the most pressing question of 2022 will be answered, “which markets to invest in during this time?” Don’t miss out, click icgre.com. Adiel Gorel has helped thousands of investors understand the benefits of retirement planning by investing in rental properties.
Investors can substantially increase the bottom line just by acquiring a good home in a good area with a down payment and a 30-year fixed-rate loan. Once that first goal is accomplished, the next step is to acquire another rental property. View each rental property as a business with the sole objective of creating what Adiel Gorel termed “Remote Retirement Riches,” the title of Gorel’s book.
Buy brand new homes in the suburbs of large metropolitan areas, mainly in the sunbelt states which attract families with kids. Families with kids make great long-term renters. Great long-term renters make retirement planning a joy, and make retirement riches grow continuously over time.
These homes, right now, are anywhere in the range of $200k-$300k. Fannie Mae enables an investor to put a minimum down payment of 15% with private mortgage insurance or PMI. Many people choose to put 20% with no PMI. With the minimum down on a home that’s $250k, 15% would be $37,500 plus the closing cost and the loan costs, which can add another $10,000 as an example. Looking at it through this simple lens, a first-time investor would need $47,500 rounded up, a little less than $50k. That equation translates into a retirement plan where the renters pay off the mortgage, increasing the bottom line, inflation erodes the value of the loan increasing the bottom line, and at any point, an investor can take money out of the rental property (tax-free) and invest in an additional single-family home rental property. That’s solid retirement planning.
Contact Info:
Name: Adiel Gorel
Email: Send Email
Organization: ALLUSA INVESTMENTS, INC
Address: 165 North Redwood Drive, Suite #250, San Rafael, CA 94903, United States
Phone: +1-415-927-7504
Website: https://icgre.com
Release ID: 89073473
