Mon, 16 September 2019
Single-family rentals have 16 advantages over apartments: Tenant quality, appreciation, neighborhood, school district, retention, no common areas, utilities, divisibility, fire, disturbances, financing terms, vacancy rate, management, supply & demand, risk, exit strategy. There's nothing wrong with apartment investing. They have their own advantages. Noel Christopher, Senior VP of Portfolio Services at Renters Warehouse, joins Keith to discuss today’s single-family rental (SFR) market. Renters Warehouse manages 22,000+ homes in 25 states. They could be a good backup property manager for you. See their marketplace too. The midsize investor (owns 25 - 2,000 rental units) is becoming more involved in buying SFRs. Many say “mom-and-pop” landlords are competing with first-time homebuyers for single-families. Noel disagrees. Long-distance investing is more common today. Demographics of SFR tenants - both Baby Boomers and Millennials. Also discussed: beginner tips, build-to-rent communities. Keith brings you today’s show from Anchorage, AK. Next week: Canton, OH. The following week: Philadelphia, PA. The week after: St. Petersburg, FL. __________________ Want more wealth? 1) Grab my FREE E-book and Newsletter at: GetRichEducation.com/Book 2) Your actionable turnkey real estate investing opportunity: GREturnkey.com 3) Read my best-selling paperback: getbook.at/7moneymyths __________________ Resources mentioned: GRE’s Tampa Field Trip: Mortgage Loans: Turnkey Real Estate: eQRP: Text “QRP” to 72000 or: By texting QRP to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. JWB New Construction Turnkey: Best Financial Education: Find Properties: Follow us on Instagram: |