Illona Bergstrom FIP Realty

06/25/2016

So what now for Britain? A bold move indeed.

10/29/2014

Billionaire Says Real Estate is Best Investment Possible


Billionaire money manager John Paulson was interviewed at the Delivering Alpha Conferencepresented by CNBC and Institutional Investor. During his session he boldly stated:
"I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you're the owner-occupier of.”
Who is John Paulson?
Paulson is the person who, back in 2005 & 2006, made a fortune betting that the subprime mortgage mess would cause the real estate market to collapse. He understands how the housing market works and knows when to buy and when to sell. What do others think of Paulson?
According to Forbes, John Paulson is:
“A multibillionaire hedge fund operator and the investment genius.”
According to the Wall Street Journal,Paulson is:
“A hedge fund tycoon who made his name, and a fortune, betting against subprime mortgages when no one else even knew what they were.”
Why does he believe homeownership is such a great investment?
Paulson breaks down the math of homeownership as an investment:
"Today financing costs are extraordinarily low. You can get a 30-year mortgage somewhere around 4.5 percent. And if you put down, let's say, 10 percent and the house is up 5 percent, which is the latest data, then you would be up 50 percent on your investment."
How many are seeing a 50% return on a cash investment right now?
Paulson goes on to compare the long term financial benefits of owning verses renting:
“And you’ve locked in the cost over the next 30 years. And today the cost of owning is somewhat less than the cost of renting. And if you rent, the rent goes up every year. But if you buy a 30-year mortgage, the cost is fixed.”
Bottom Line
Whenever a billionaire gives investment advice, people usually clamor to hear it. This billionaire gave simple advice – if you don’t yet live in your own home, go buy one.

09/22/2013

MIAMI New Construction all over the city. Every price range. BUY PRE-CONSTRUCTION before prices go up. INFO [email protected]

06/11/2013

Baltus House, Design District, Miami. Pre-Construction. Perfect for the up-towm sophisticate who enjoys great restaurants, cultural and sports events, designer shopping and astonishing art. For FIRST DAY pricing contact me immediately. [email protected].

11/29/2012

My friend LUIGI MERCURIO is have an exhibition of his photographic art on Satruday this week at 6pm in the lobbby of Marina Blue, 888 Biscayne Blvd, Miami. Come one and all! Come in droves to see something beautiful that will bring a moment of peace to your mind and soul. See you there.

11/07/2012

Roof top pool view

11/07/2012

9th On the Ocean - Only 7 townhouses, 4 Flrs, roof top patio with pool and outdoor kitchen. Unit 7 has 2nd lap pool on pvt patio beside the beach. Glass elevators, 2 car lock up garage, sleek European kitchens and baths. 1 block south of Bal Harbour shops on beach front. Very exclusive and unique. There is a lot of interest, so bring your buyers for an elegant alternative to high rise living in a prime location.

11/07/2012

07/19/2012

WELCOME TO MY BUSINESS PAGE! Please "like" me while you are browsing. Thanks.

03/11/2012

Seasonal rentals are starting to book for Nov 2012-April 2013. For the best deals, book now! GREAT BUYER OPPORTUNITIES: Rent-at-will units are available for out of town/international investors with unlimited owner occupation and full management. Your Miami dream home or vacation home are now at the lowest prices. CALL ME NOW. 305.975.0191