Organized by GMP at Orpheo facility in the city of Córdoba, the conference on “Key information that every investor must know to invest in real estate” has been held. Mariano Capellino was the speaker and introduced INMSA methodology to invest in real estate.
With the presence of more than 70 local investors, the talk was focused on the aspects that real estate investors must consider when investing.
Mariano Capellino analyzed the market cycle concept and the opportunity windows which normally take place in the markets and which happen in specific periods of time, those being the right moments to invest.
The most frequent mistakes made based on the assumption that real estate investments are always profitable have been analyzed. Among them, they discussed about the Argentine tradition of thinking that because a good profitability was obtained in the past, that means that investing in the same type of asset and in the same market will also generate returns, when usually the opposite is true.
It has also been discussed why the time factor is more relevant than the location factor. Even though the best locations in the market are the ones with the fastest recovery process, it doesn´t mean that it is always good business to acquire them. There are many cases proving that purchasing at the wrong time may generate a significant loss of value or the need of waiting for many years to recover it, which also implies having an asset which is not generating constant returns.
During the conference, different markets were analyzed such as Spain and Detroit, both undergoing an appreciation process. This type of meetings will continue and will enable INMSA to be in contact with investors from the most important cities of Argentina.