USA corporations moving in on rentals

Discussion in 'Property Market Economics' started by Dean Collins, 6th Oct, 2019.

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  1. Dean Collins

    Dean Collins Well-Known Member

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    Dean Collins, 6th Oct, 2019
    #1
    Leeroy93 likes this.
  2. C-mac

    C-mac Well-Known Member

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    This makes sense. Single family homes usually:

    - suffer lower vacancy than condo buildings (if bought well in high demand locations)
    - generally are actually less maintenance than condo/apartment blocks (No lifts, often no pools, no expansive common areas, no full timer concierge)
    - easier to value-add later via reno or extension or sometimes subdivision
    - if bought well, can still offer exceptional yields in many locations

    No wonder the big funds are flocking to them.
     
    C-mac, 7th Oct, 2019
    #2