Chinese Real Estate Investors Head to Beverly Hills

Chinese Real Estate Investors Head to Beverly Hills and then consider buying their first Real Estate in the US. Many of you have seen the Headlines: The Chinese are considering buying Real Estate for investment in the US. Who are these Chinese Investors? It may seem like what a strange question. Upon closer analysis you discover that there are at least four groups of Chinese Property Investors: (1) The Hong Kong residents, (2) The Mainland Chinese, (3) The Taiwanese residents and (4) the Canadian Immigrant Chinese.

Now then comes the question which buyer are you dealing with? The Mandarin, Cantonese, Taiwanese or the Shanghais, they all have different languages, cultural backgrounds and goals in investing in the US Real Estate. Do you know who your Chinese Real Estate buyer is?

There are many cash rich Chinese and they are coming to the US to buy cheap Real Estate. There are even Tourist Flights from Mainland China to buy the bargain Southern California Real Estate. To some of these buyers, Real Estate and Los Angeles are synonymous with cheapest housing in the US.

The way I see it, the big challenge they face, is that there are only a few Realtors they can turn to get good  and Trustworthy advice. Just like in Baseball, Location is the most important Point they need to consider in a down market. Yes there are areas that have had 50-80% depreciation, but the most important question is what the Timeline is for the Return on Their Investment? The Golden Rule in a Down Market, buy in the Best Location to get the Best and Safest Return Period!

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If you are a consumer  who is considering buying  or selling  a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 (USA) or email me at homes@endrebarath.com  or visit one of my websites at http://www.endrebarath.com  Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.  

Endre Barath Los Angeles Real Estate

 

32 Comments on Chinese Real Estate Investors Head to Beverly Hills

20 Most Recent Comments Displayed Show All

JUN
18
2011
204,231 Points 26 Featured Posts Outside Blog

interesting blog....it is ingteresting to note that China has as many millionaires  (300 million) as we ahve citezins!! No wonder they are coming to but real estate here!!
4:15am • #13
894,666 Points 34 Featured Posts Outside Blog Attended Rain Camp Called Shot Master
This is very informative and enlighting, Endre. We haven't seen that yet here-maybe in the Miami area.
7:11am • #14
705,879 Points 47 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Paddy, I did not realize that there were that many millionaires, wow, that is just amazing

Toni, I am surprised, many times when I talk to the Chinese Investors they are discussing  with me Florida and Las Vegas,NV prices compared to Los Angeles,CA?
1:52pm • #15
JUN
19
2011
409,320 Points 4 Featured Posts Localism Sponsor Outside Blog Hit Router

I haven't run into this yet in real estate, but I am aware of the language and dialect differences from my court reporting days.  We used to interpreters and many an EBT (Examination Before Trial in NY, depositions everywhere else in the country) was held up because they sent a Mandarin interpreter when they needed a Cantonese one, for example.
9:23pm • #16
705,879 Points 47 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Elyse, interesting challenges...my biggest challenge was  to get my point across that 25% drop in price in the best neighborhood is a better value then 80% drop of value 20 miles away in a less desirable area.
9:47pm • #17
136,101 Points 1 Featured Post Called Shot Master

Hi...Endre....the Chinese are smart people....they know a bargain when the see one....Americans should take heed! Like the Victor above says....those who don't buy in this down market will end up being their tenants!
10:33pm • #18
JUN
20
2011
705,879 Points 47 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Aida, you are absolutely right, thank you for stopping by and commenting
1:27am • #19
JUL
04
2011

In China, in those big cities - Shanghai, Beijing, Guangzhou and Shengzhen, everyone who own a property is a millionare. Before, they could own a lot of properties. Now, new policy shows that only one property allowed to buy. So, a lot of Chinese from Mainland China come to US or Canada to buy properties. They have a lot of cash. They don't need mortgage. I guess New York price is not as high as Shanghai or Beijing. That is the reason, everyone think the price is cheap here. Plus, Chinese believe real estate more than any other investment.  In China, they don't own the land forever. They only own the land for 70 years. That is why people think for the long term, they will buy property overseas. Plus, rich people in China are dangerous. They are easily to get cought or desappeared. Usually, people have a lot of money, they just immigrate to Canada or US for retirement. They have enough money to live in the rest of their life even, some of them I knew, they had enough money to live for 3 generations.

 

 
9:54pm • #21
705,879 Points 47 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Jane thank you for adding to the conversation, you are absolutely right many Chinese buyers come to Los Angeles and are by way of Canada and you are right they are Cash heavy.
9:58pm • #22
JUL
05
2011
1,582,982 Points 429 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Endre

An exellent overview of what seems to be happening in the Chinese investor market. One has to wonder how things may shift given the issues we are hearing about the real estate market in China which seems to be headed the direction we were back in 2005/2006.

Jeff
11:32pm • #23
JUL
06
2011

Endre: China real estate does not follow the market.  But the human policy. Whenever one leader has some word, then, that will be the market.  I know that the government charges higher tax from the builder. That is why the price is high otherwise, the builder will lose money to build the building.
11:07pm • #24
JUL
07
2011

Endre:  Aloha..The Chinese investors have not hit our shores, yet.  Their cash  would be  welcomed here in Hawaii.  Your BLOG really said it all.  I too had not thought of the Chinese-Canadian...
Karen Keefe
5:33am • #25
705,879 Points 47 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Jane thank you for adding more to the conversation

Karen Seems like Hawaii should be closer and easier to land than NY or Los Angeles, CA:)
7:38pm • #26
AUG
02
2011
705,879 Points 47 Featured Posts Localism Sponsor Outside Blog Called Shot Master

#27 spam
5:29pm • #27
AUG
09
2011
705,879 Points 47 Featured Posts Localism Sponsor Outside Blog Called Shot Master

#29 spam
6:52pm • #29
AUG
15
2011

Endre great articles! now how do I get one of these Chinese investors to look at my home in the San Marino

School district?
Sandi Sinicrope
4:05pm • #30
705,879 Points 47 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Sandi, thank you for the complement. There are Chinese Newspapers hard copy & Internet version where you could advertise it as one example.
6:41pm • #31
MAR
19
2012

Can you help me. I want to sell my business franchise fast food in NC and I have two properties available too. Can you help me to find a Chinese or Foreign investor who is interested in buying. Or please give me the souce how I can do this. I need the chinese newspaper to advertise my business.

Thank you.

Leo Pereira

7862183386 - Email. lionleoboxer@yahoo.com

 

   
Leo Pereira
4:06pm • #32
JUL
19
157,290 Points 1 Featured Post Outside Blog Called Shot Master

Hi Endre - I've had an increased number of inquiries from my clients in Asian Real Estate (Primarily Indonesia & Malaysia) and I'm doing some research on the topic on Active Rain.  Thanks for providing a valuable perspective on the matter.  

Should you like to form a referral network with Vancouver, BC for any of your clients I'd be happy to reciprocate.
7:41pm • #33
705,879 Points 47 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Jark, receiving inquiries is always a good sign next thing you know is you will be either selling or listing their properties., I love referrals feel free to reach out to me directly at homes@endrebarath.com
8:07pm • #34

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Endre Barath,Jr. Realtor Los Angeles Home Sales 310.486.1002

Beverly Hills, CA

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Beverly Hills,CA. Prudential California Realty

Address: Attn: Endre Barath,Jr., 9696 Wilshire Blvd., Beverly Hills, CA, 90210

Office Phone: (310) 248-6473

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