Article that arrived in Brick Underground that I used to be interviewed. 1. Deciding on a property predicated on the wow factor. Don’t be too impressed by superficial features, says Wei Min Tan of Rutenberg, who works together with many foreign traders. “If you’re buying as an investment, there’s much more to look at than just the lobby and amenities,” he says. “Look instead at located area of the building–driven by proximity to the subway or some kind of driver in a nearby, like Wall Street for example–as well as the overall quality of the building, and supply and demand within the building. There are certain buildings that have just so much supply, and it’ll have a very long time to rent those apartments out,” he says.
London centered banker and classic car buyer Dietrich Hatlapa created the Historic Automobile Group International (HAGI), which is an index to check out the ideals of vintage vehicles. According to the classic car indices, sales on classic cars can create close to 12% in returns. Entrepreneur Frederick Achom, founder of the Rosemont Group, indulges his passion for vintage cars by adding these to his investment profile and other tangible possessions including Bordeaux wines and art.
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