Buying single family rentals
This is a great piece on real estate investment opportunities in the current market.
My takeaways:
1. Rental market is excellent.
2. Homeownership will continue to decline (59% instead of 64%), forcing people to rent homes.
3. Single family rentals are it. REITs are buying them. You should too.
4. Extraordinary value for buyers who can get qualified to buy distressed homes with these low interest rates.
5 year yields on rental properties average ~29% PER YEAR right now. Can you make that in any other investment?