Mega Investor Spending Billions on Single-Family Rentals
Faced with a dearth of affordable existing homes, single-family investors say they’ll spend big money creating new rental-home developments in Fla. and other states.
Faced with a dearth of affordable existing homes, single-family investors say they’ll spend big money creating new rental-home developments in Fla. and other states.
About 2M Americans have postponed mortgage payments, but their grace period is about to end. And for the 1.7M with a Sept. deadline, it’s time to start planning.
Pumped by top-dollar offers, some sellers find themselves closing only weeks after listing their home, boosting demand for leaseback options or short-term rental housing.
A 2017 tax overhaul changed the rules; a new proposal could do the same. Investors should understand all possible changes before they select new investment options.
If stressed buyers somehow manage to land the home of their dreams, they may find it will take an additional nine months to secure the refrigerator of their dreams.
Most sellers list for personal reasons, but a survey found that 1 in 4 (24%) who plan to list within the next 12 months are doing it because of the profit potential, with 53% expecting to get their asking price and 24% anticipating more. And 25% expect to have an offer within one week.