Investing in Florida real estate in 2024 is a desirable option to earn dollarized income

Sarah Ramires Cortez - SK Comunica

05/01/2024

Bf.Samantha di Khali comunica

The beginning of the year is always accompanied by new plans, and the financial sector is one of the sectors that requires the most attention. Investing in the United States in 2024 is one of the most sought-after goals for obtaining a source of dollarized income. Real estate is often a rewarding investment, with the potential for passive income and long-term appreciation. It can also be a smart way to diversify your account beyond the traditional lines of stocks, bonds, and mutual funds. Paulo Schneider, a real estate professional in Florida for over 30 years, talks about how you can invest and be successful.

There are many ways to explore the real estate market, from rental properties, home ownership, real estate investment trusts (REITs) and online real estate platforms, where interested developers and investors pool their capital to finance real estate projects.

Real estate investing can offer numerous advantages, including steady cash flow, long-term appreciation, portfolio diversification, tax benefits, and the ability to leverage your funds. Of course, there are disadvantages as well—among them a lack of liquidity, high start-up costs, and the reality that real estate investing can be a long process.

Still, it’s important to remember that there are many ways to invest in real estate, and some options may be more suitable than others. For example, a rental property may be a good option if you’re looking for an investment that offers hands-on control and tax benefits that save you money. A REIT (real estate investment trust) is a good option if you prefer a hands-off approach and a more liquid asset. If you want the best of both worlds, you can invest in both rental properties and REITs.

Investing in real estate depends on your goals, risk exposure, and timing. Naturally, different types of real estate investments have varying risks and rewards, so I recommend doing your homework before deciding whether a particular investment makes sense for you, adds Paul.

The big expectation for the American market is that inflation will tend to decrease. The next US inflation report is scheduled for January 11, but it is already generating anxiety on Wall Street. There is a belief that the Federal Reserve will put an end to interest rate hikes.

A financial investment consultant, real estate investment consultant and specialist in the American market can optimize strategies, in addition to better executing market research and options to better inform the future investor.