Let’s turn our discussion, today, to the topics of athlete relocation and investments.
Did you know that Canada is the biggest foreign buyer of U.S. commercial property, and has been for the past four years? The Canadians have purchased 1,530 commercial properties for a total of $43.4 billion, and that expenditure is four time that of second-place China. Evidently this is partially because most of the commercial properties in Canada are tightly controlled by domestic pension funds, and very few of the assets are trading in the current market.
This, of course, reminded us to discuss at some point real estate as an investment.
Yes, without a doubt, anytime you purchase luxury real estate you are making an investment, but perhaps you should give some thought to expanding your portfolio. In the hands of a real estate professional, you can find some wonderful bargains on the market right now. Some of the bigger and more popular markets like Miami, Atlanta, New York, Las Vegas, and Los Angeles all offer some great potential for return.
Athlete relocation can certainly be upsetting and cause some stress, but it can also be a great opportunity to invest and increase your portfolio. Give us a call and let’s talk about your future in real estate.
Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.