Argentines have always had a very close relationship with investments abroad. Of course, this is not a whim but is based on economic instability that, for various reasons, is always stalking savings in our country. Due to this, the options to “invest in bricks” beyond the border have been multiplying and diversifying, in order to cover most of the needs and tastes of each investor. But without a doubt, the lack of knowledge of the rules of the game in other countries, added to the distance generated by all kinds of uncertainty, makes this option cut short for many, not because of lack of attractiveness but because of fear.
Juan Pablo Pistorio is an Argentine investor and businessman who emigrated several years ago to the United States, where he currently lives and invests in Real Estate. On this occasion, he helps us understand how to minimize the risks of falling into investments that could become a problem, or worse still cause us to lose our savings. “The first thing we must understand is that in the United States the location is always more important than the property itself, because construction in this country does not differ much between the different products with similar characteristics on the market. In addition, the average American moves twelve times in his life, which clearly tells us that the good is not an end but a means”, he assures with the firmness that his experience of several years investing in North America gives him.
Another factor that stands out is the fact that the entire technical process, such as the formation of companies as an investment channel plus the legal aspects of each operation, are more than controlled by the different professionals who are regulated by the government, Therefore, according to him, it is not necessary to focus so much on that but rather on the product to be acquired: “After the pandemic, a boom has been generated by the purchase of new properties in North American citizens, given the accessible interest rates that they have been sustained over the last two years and that, although they are beginning to rise, they still leave a very important margin of time ahead, where this type of investment will continue to be a great alternative”, emphasizes Pistorio.
Through his company Time Buyers LLC, he offers an advisory service to help potential investors find the best return with the lowest possible risk, providing all his experience and the ability of the professionals around him, to those who want to start to invest in a market that, in his words, is safe, stable and predictable: “In the United States, building a house from scratch can take between six and eight months, all processes are systematized and each city provides the necessary certifications to be rest assured that what we are buying is a guaranteed product. Normally, an average property is sold in 60 days, but after the pandemic, properties are sold even before they are finished and many times for a much higher value than published. High returns may not be the most profitable, although it sounds contradictory, that is why it is very important to find out before making the decision to migrate our dollars abroad, ”he summarizes.
Within the framework of different talks that he offers via zoom and even traveling to different countries, Pistorio explains a series of steps to be able to make a good decision about where and how to invest in real estate in the United States, but at the same time, due to his own experience managing an E2 visa to reside there, it also has associated professionals who offer interesting alternatives in this regard.
Contact information:
WhatsApp: +1 313 728 0050
E-mail: [email protected]
Web: www.timebuyersusa.com
Instagram @juanppistorio
by CEDOC