How New Travel Threats Could Affect Wholesale Houses
How could new travel alerts and terrorist threats to wholesale homes affect US real estate investors?
The last week has seen new global travel warnings issued by the US State Department, as well as the extended closure of embassies abroad. Some sources report that we are now seeing more and more targeted threats than ever before. Furthermore, a blowback in the ‘war on terror’ and an August 5, 2013 Fox News report alleging that the US military continues to do business with terrorist-linked contractors suggests that US enemies They are better funded and bolder than they have been in many years, which could lead to more attacks, or at least threats.
So could this, coupled with rising travel expenses, upset current trends and change the game for those wholesale houses?
All of this could definitely help you keep more US investment dollars at home. But could it take some of the heat out of the global investment rush, especially in terms of second homes?
It could at least have a limiting effect on travel. This could change the rush to invest closer to some airports and travel hubs, but an influx of capital from abroad and foreign buyers looking for a backup plan and cash somewhere safer could balance this out. It could certainly encourage more people in terrorism-prone areas to get their cash out of overseas and into the US, which combined with the current massive interest in Asian American properties could further boost demand and prices. of housing, improving conditions for wholesale houses.
Major international investment houses like Barclays are already targeting the new generation of African millionaires offering new investment opportunities. Many of these will definitely be home related investments and will help increase the visibility of the benefits of investing in today’s market.
Still, it pays to balance your out-of-area, national, and international marketing with a local presence, local branding, and relationship building. Dominate your local market. This is your bread and butter. Then look for opportunities to capitalize on global investment trends and interests.
If you’re going to take an international approach to marketing and selling wholesale homes, it may be smart to aggregate and partner for services that can make it easier for foreign investors and private lenders to work with and buy from you. This can include translation, banking, title and property management services, which can also often become alternative income centers for ongoing passive income.
