123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL » General >> View Article

Us Real Estate Investment

By Expert Author: Mark

Increased investment and expansion in Toledo from overseas

The Chinese have climbed to 2nd in the rankings for most US real estate investment, second only to Canadians according to a recent survey by NAR.
This extensive investment is of course spread out across the entire country, but there are some pockets that are being paid particular attention.

One of them is Toledo, a city straddling the Ohio and Michigan borders and on a key freeway linking a number of major cities including Chicago, Pittsburgh and Cleveland to name but a few.

Its key location along a busy transport route combined with real estate prices that are still recovering from the housing crash, has made it an attractive prospect for investors.

One of the biggest groups of international investors purchasing real estate in Toledo are the Chinese. Toledo has spent 3 to 4 years strengthening links in China and some of largest recent purchase of Toledo property has been as follows:

$2.15 million – Maumee River Restaurant
$3.8 million – Marina District land
$200 million promise to build on this land for development
$3 million on an old hotel opposite Baseball Park

The above is just a fraction of the amount being investing in US real estate by overseas buyers. Since the housing crash in 2008, investment in undervalued US property has rocketed.

Chinese investors, like many other overseas investors, have turned to the US’ new found economic growth for a more secure way of investing their money. But why? Chanos from CNNMoney at the MIG confere nce in LA explains China’s own property state: “China is a country which has found itself in the centre of an epic property and building bubble which will end, but not very nicely.”

Helping to push Toledo into the international limelight was former mayor, Mike Bell who made numerous trips to China to promote the city.
“My vision is to make Toledo a true international city” said Bell.
Bell made headlines with his networking in China, presenting the city at numerous expos across China. He helped to secure the FLGG investment in Toledo's waterfront.

Real estate comes 2nd behind Technology for investment by the Chinese. Due to the economic worry in China, the rich want to diversify and vary their investments.

Foreign investors who put $1 million into a U.S business and other requirements are automatically eligible for a Green card, but in Toledo the amount has been lowered to $500,000.

At Property4peanuts.com we have a range of exceptional property investment opportunities in Toledo which can be found on our websites. Prices start from just $26,000 for a turnkey property with yields of up to 19% after costs. Full management included.

For more information visit: http://www.property4peanuts.com/

Total Views : 89Word Count Appx. : 442See All articles From Author

General Articles

1. Download Premium Wordpress Themes From Reliable Developers To Enhance Website Presence Online
Author: coelincaden

2. Tablet Repair London | Screen Repair Or Replacement | Tablet Repairer
Author: Tablet Repair

3. Limousine Service In Washington Will Provide A Romantic Spark
Author: Daniel WILLIAMS

4. Digitalized And Globalized Medical Marketplaces
Author: parveen kumar

5. Different Branches Of Oil And Gas Engineering
Author: Mohammad Khalid

6. App Store Optimization Tool | More Users To Your App
Author: Richelle Guo

7. An Insight Into The Perks Of Online Magazine Advertising
Author: Aditya G.

8. Understanding The Dietary Requirements Of Young Pets
Author: Jackson Robert

9. Pega 7 Live Online Training And Self Learning Video By Professionals In New York - Usa
Author: PegaGang

10. Hiring Expert Freestylers For Advancing The Footballing Game Level
Author: parveen kumar

11. What You Don't Know About Casinos Might Shock You
Author: karaljam

12. Nokia Phone Repairs | Certified Technicians Work On Your Device
Author: Nokia Repairer

13. Review: Lexmark Cs410dtn Printer
Author: Ackley Ada

14. Plus Size Swimwear Uk
Author: Maria

15. Get Your Love Back By Vashikaran Mantra | Love Problem Solutions
Author: Get Your Love Back by Vashikaran Mantra | Love pro

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: