The big picture

Baby boomers are retiring or semi-retiring in larger and larger numbers between now and 2016. Many have considerable assets and some chose to or have to work part-time for a long time. Most have to rely on nongovernment income, or a combination of equity-like growth and monthly income - for an ever increasing life-span.

The concept of “retirement” is replaced with the concept of “financial independence”. Many have lost faith in anonymous mutual fund or stock market based investments, or wish to invest outside the stock market in an inflation proof, hard asset class with cash-flow and equity growth.

People realize the benefits of cashflow real estate, and have made considerable money with their own home over the past 4, 10, or 30 years – but don’t know how to do it with a 2nd, 3rd or even 10th property, yet know that it is one asset class that should be utilized more. Most people realize that in any economy people have to live somewhere: there is always a demand for urban rental real estate that is well situated, priced modestly and reasonably maintained. Why do most people NOT invest in (more) real estate? They either do not know how, or if they know, they don’t want to be bothered with all the paperwork, complexities and time required.

Prestigious Properties™ fills this demand through apartment building or individual condo ownership with an easy, low risk, hands-off and very profitable offer to the average investor – both for smaller investors ($25,000 or more) or for larger investors ($2,000,000 or more).

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