Earlier this year, intense tropical storms devastated parts of Texas and Florida. As Hurricane Harvey hurled into Houston, Irma wasn’t far behind making landfall on the Florida coast. Given that both of these regions are hotbeds for real estate investors seeking strong rental yields, the RentRange® data team analyzed trends in the affected markets in an attempt to begin tracking recovery after the natural disasters. We used our RentRange database to pull rent trends for Houston, Key West, Pensacola and Tallahassee from January 2016 to October 2017.Read More
Large institutional investors on Wall Street have lined their pockets with profit stemming in part from investments in single-family rental portfolios; oftentimes with returns exceeding those found in the stock market. Small investors are starting to catch on, grasping the opportunities available to them through real estate investments. Whether it’s buy-and-hold investing or flipping properties, there is serious money to be made in the $29 trillion* residential investment real estate industry. In 2016, 37% of all real estate sold in the U.S. was purchased for investment purposes.*Read More
As a rental property owner, you have a lot of responsibility. Finding a quality tenant, writing a lease agreement, maintaining the property, collecting rents, the list goes on and on. One of the most important tasks you’re responsible for that directly affects your bottom line is setting the right rent rate. How do you conduct due diligence to make sure you’re setting the optimal amount for rent, making sure you aren’t charging too much but also aren’t leaving money on the table? Let’s walk through a few ways you as rental property investor can calculate the right rent to maximize your investment returns.Read More
DTLA vacancy rates soar to the highest in 17 years, flip rates have plateaued, and Amazon announced their search for a city to home HQ2, their second headquarters location. It’s important that investors stay engaged in the industry, especially given the rapidly evolving nature of SFR.Read More
As foreclosure inventory sinks to record lows, institutional investors are looking to an alternative acquisition strategy to combat the lack of available rental housing stock - build-to-rent. Build-to-rent is a fairly new submarket in the single-family rental space. Instead of building homes to sell as a primary residence, the new homes are rented out to a tenant and owned by an investor.Read More
Owning investment properties can be a great way to supplement your income or passively build your personal wealth, but it starts with a good property in a strong rental market. Real estate investors need to know both their strategy and the metrics to consider when identifying strong opportunities. Whether your investment strategy relies on rental appreciation, gross yield or a healthy combination of the two, we’ve analyzed the data to find the top metro areas for each.Read More
While the single-family residential (SFR) investment asset class remains largely held by small investors, oftentimes owning a single rental property, institutional investors have also cashed in on the peaking rentership rates sweeping the nation. In doing so, this has helped bring validation to the SFR investment industry as a whole, spurring efficiencies within operations and services which ultimately benefits all residential property investors.Read More
One of the key differentiators attributed to Investability's uniqueness in the single-family residential (SFR) investment space is our strong data backing from RentRange®. RentRange has been collecting data since 2008 and has since expanded its database into a robust national rental and housing market analytics powerhouse. As we wind down from summer, our team wanted to highlight some of the top trends from Q2 and what they mean for investors like you.Read More
According to a recent study from BiggerPockets, a well-known online community geared toward empowering new and active real estate investors, most investors are seeking long-term rental properties. Flipping houses came in second, followed by wholesaling and other commercial options. Yet, of the 25,000 people surveyed, more than half have never done their first deal. 56% of the total surveyed were interested in real estate, about 13% have done a single deal, 20% have done between two and five deals, the remaining 8% have done between six and 20 deals and only 3% have done more than 21 deals.Read More
College is no small expense for most American families. Even for those fortunate enough to have the financial means or a scholarship backing, housing is largely an unavoidable and costly expense. College Board quoted the average cost of room and board in 2017 to be $10,000 at public universities and $12,000 at private universities, annually. That’s a whopping $40,000 to $48,000 over the course of a 4-year degree! As parents weigh the costs of sending their teens off to college, some are turning to an alternative housing option - investing in property.Read More
The rise of suburbanicity.
It’s a familiar story; young families and first-time home buyers find themselves outpriced from urban cities decide to trade in their bicycle commutes and nightly happy hours for two-car garages and A+ school districts. Though the suburban sprawl is nothing new, some metropolitan statistical areas (MSAs) are seeing these areas outpace urban areas in terms of population growth, price growth and overall popularity.* Since 2013, list prices in these top ten suburbs have grown about 2x faster than their associated urban zip codes and at an annualized rate of about 17%.* Real estate investors are seeing an opportunity in these ten suburbs to buy reasonably priced properties which could continue to appreciate faster than their urban counterparts.Read More
There’s no doubt real estate can be a lucrative investment strategy. As discussed in previous posts, there are a few options available to investors interested in adding real estate to their portfolio. Buy and hold investing, fixer-upper flipping, and even real estate investment trusts (REITS) are a few common strategies. In this post we’re going to cover an acquisition strategy not yet discussed: auctions.Read More
As a real estate investor, or even as a homeowner, you might at some point be faced with the challenge of hiring a contractor. No matter the project scope—a bathroom remodel or a full renovation—you should absolutely do your homework before choosing a Craigslist contractor to get started. As discussed in previous blogs and podcast episodes, your contractor is an essential member of your A-team and can make or break the experience. Doing your due diligence beforehand can save a lot of frustration down the line.Read More
Detroit has consistently ranked as a top city for investors and renters in recent yielding reports. We thought it would be a great blog topic to take a deeper look into what has been fueling the city’s growth and overall economic resurgence.Read More
“The investor is starting to gobble up pretty much anything under $200,000. We are not adding any new supply to the market to serve the first time home buyer,” Dennis Cisterna, chief revenue officer for Investability Real Estate, said in the report.