It may come as no surprise that Florida snagged the top spot once again in 2019 — it consistently ranks among the best place to retire. For good reason: The Sunshine State benefits from a low cost of living, extensive availability of health facilities and recreational activities, including golf, museums and beaches, as well as no personal income tax. Though, that spot may not be reserved for the sunshine state for much longer.
Just as single-family rental investments are a good source of income, these properties can bring forth problems. Below, Forbes explains the six most common pitfalls and how to avoid them.… Continue reading Investing In Single-Family Rentals: Six Pitfalls And How To Avoid Them by Forbes Real Estate Council featured by SVN | SFRhub Advisors
A lot of people have been surprised by the alarming rate of apartment construction, but what is further surprising us, is the rate that single-family rental homes are being built. Here's a quote from RentCafe, "For the better part of the decade ending in 2016, single-family homes for rent were the fastest growing type of rental in the U.S., outpacing the formidable apartment boom seen throughout the country." And it shows no signs of slowing!
In a recent article by DailyMail, it was revealed how much earning power is needed to buy a home in the 50 largest cities in the US. This just furthermore exemplifies that renting is the way to go! Keep reading below to find out what the minimum income to buy a home is for your state.
Have you heard about the recent LIBOR-SOFR changes? Here's a short quote for a recent article by Wealth Management, " The London Interbank Offered Rate (LIBOR) has been the global benchmark interest rate since the mid-1980s, and is the benchmark interest rate for roughly $350T of outstanding loans, mortgages, and securities. But banks will no longer be required to submit LIBOR quotes past 2021. After 2021 and likely before, LIBOR’s status as the global interest rate benchmark will be passed to its heir apparent—the Secured Overnight Financing Rate (SOFR)."
Below states exactly how and why the single-family rental investing market is pushing boundaries and growing to unexpected heights. Do you know what these variables are? Let us know in the comments below.
Phoenix single-family rentals have continued to outpace the national average, according to CoreLogic. This high-demand is fueling prices and is reflecting nationally. Rents increased an average of 4.7% year over… Continue reading Phoenix Home Rental Prices Outpace Most of U.S. in First Half of 2018 by Phx Biz Journal Featured by SVN | SFRhub Advisors
What is the best investment property? Single-family rental properties or multifamily properties? Well, there certainly are advantages and disadvantages to both, it truly depends on what you are looking for. Continue reading to learn the pros about both investment properties.
Have you heard of the recent single-family rental market shift? In 2017 developers built more than 36,000 rental houses making it the largest number of "build-to-rent" houses in the last 14 years. As the CEO and co-founder of Roofstock stated "The build-to-rent market has started to expand significantly over the past year." According to ATTOM Data Solutions, in Houston alone, there were 10,893 rental houses built since the start of 2014. Click on the link to learn more about the latest rental market phenomenon.
SVN | SFRhub Advisors is excited to be a part of the 6th Annual Real Estate Private Equity Forum on Land & Home Building. The SFRhub team will be available… Continue reading The 6th Annual Real Estate Private Equity Forum on Land & Homebuilding West by IMN Las Vegas featured by SVN | SFRhub Advisors