When it comes to investing in the Midwest region of the United States, there are lots of opportunities to look for. A diverse sector of industries from pharmaceutical to healthcare, life sciences, technology, manufacturing, consumer goods, retail, food, argi-products, energy, finance, communication, R&D, etc. have made significant growth in the recent times. Originating from an agricultural background, in the present times, investment opportunities in Midwest are hugely fruitful.
Exploring the Midwest region
Also referred to as the Middle Eastern region, the Midwest comprises 12 states in the north-central United States: Indiana, Iowa, Illinois, Kansas, Minnesota, Michigan, Missouri, North Dakota, Nebraska, South Dakota, Ohio, and Wisconsin. Economically, most states of the Midwest fall in the ‘Cornbelt’ region of the US. At present, it is ideally balanced between the flourishing heavy industries and agricultural practices. With cities like Detroit, it has also made a significant mark in the automobile engineering industry, and Chicago brought about the waves of urban economic growth. With an efficient rail, road, water, and airway network, the area has witnessed the coming of several investors to invest in the area and build their portfolios.
Real estate finds a great place in the list
Amongst several other sectors in the list of investment opportunities, real estate is one lucrative area that holds a position of prominence for investors in the Midwest in the present times. Especially in the real estate market, most cities of the Midwest offer great opportunities and profitable returns. Cities like Indianapolis, Columbus, St. Louis, Minneapolis, Kansas City, etc. are the centers of exponential growth. Therefore, these areas can be very well utilized by real estate investors.
Commercial real estate can be a game-changer
For your money, commercial properties usually offer more financial gains and rewards compared to residential properties. Generally, Commercial properties may refer to:
- Retail buildings
- Apartment buildings
- Industrial buildings
- “Mixed-use” buildings, where the property may be used for multiple purposes like that of retail, office, and apartments.
The best reason to invest in such commercial real estate over residential rentals is because of their tremendous earning potential. Commercial properties commonly have a considerable annual return depending on the area, which is comparatively much higher than residential ones. It’s often easier to estimate the rates of commercial property because you can conveniently request the existing owner’s income statement and determine the price. In contrast, residential properties are often subjected to an emotional pricing figure. Such advantages thus make it easier for you to look for profitable investment opportunities in Midwest in the commercial real estate sector.
Midwest has a lot to offer
The Midwest region has a lot to offer for anyone who is planning to invest there. From being a place with a much lower cost of living for workers than other regions in the US, plenty of labor, a suitable environment for startups, and business-friendly governments, it becomes easy for investors to invest. With prolific employment rates and the flow of skilled and professionally trained workforces to the booming startups, it becomes easy for investors to invest in labor-intensive projects and earn profitably.
If you are looking for profitable investment opportunities in and around the US in different sectors, talk to our team of experts in Wealth Builders Capital Investments, INC.