The Hard Work is Done Upfront To begin, for me I believe that I add value to a unit by purchasing it and renovating to a standard that increases the overall value and not just dollar for dollar. So if I purchase a home for $80,000 and add $20,000 of fixed cost, I’m...
I was recently out to lunch with a friend and his wife. They’re a great team in so many ways, the least of which not pertaining to the wonderful business they run that centers around single-family rental investing. During our time together, they told me they were...
Single-family rentals make up over ⅓ of all U.S. rental properties—that’s about 16 million currently. Moreover, another 13 million are projected to be formed by 2030. And if arithmetic isn’t your strong suit, that’s approximately 29 million single-family rentals...
Single-family rentals are a hot topic in the real estate industry. Chances are, if you’ve been around the industry for any amount of time in the last decade, then you’ve heard investors debating the significance of single-family rentals in the overall real estate...
The American Dream of a white picket fence, nuclear family, and a mortgage may be shifting. Why? Well, some of it is undoubtedly thanks to the Great Recession. But there may be more than meets the eye when it comes to homeownership falling out of favor with the new...
