For many years, Congress has given tax credits for the investment in Qualified Opportunity Zones. With the passage of the Tax Cuts and Jobs Act of 2017 (TCJA), codified in the new IRC Section 1400Z, includes new incentives for the investment in qualified opportunity zones.
Our friends over at 5Arch tell you exactly what you need to know when it comes down to investing in a build for rent. This article explains what renters look for new SFRs and how to prep for success. Keep reading to learn why more Americans are renting rather than buying.
ATTOM Data recently released an article that raised the question, "Is Renting or Buying the future of the housing market?" Neither renting nor owning is the future of the housing market, but “some combination of both,” according to Hefets. “In most single-family rental businesses the landlord is seen as an adversary. We want to be seen as a partner with the renter.”
To determine where the most rapid local economic growth occurred over a period of seven years, WalletHub compared 515 U.S. cities across 15 key metrics. The data set ranges from population growth to college-educated population growth to unemployment rate decrease. In addition, we produced a separate ranking by city size.
You won't believe how many South cities held 8 out of 15 spots as the largest population gains in 2017!
A recent study conducted by ATTOM Data reported that from 755 counties in the US, Maricopa County, the median price for a home last year from January to November was $275,000. The average rent for a three-bedroom home was $1,319. ATTOM's analysis comes shortly after a report late last year finding that Phoenix has the second-fastest growing rental rates in the nation.
Townhouse construction is outperforming other building sectors, a new analysis from the National Association of Home Builders finds. In the third quarter of this year, townhouses accounted for 33,000 residential construction starts compared to 27,000 in the second quarter of 2017. Construction of townhomes is now 24 percent higher than the prior four quarters.
Phoenix is among the top five markets where rent growth increased during the month of October (2018). As of October, national rent growth was at its strongest point in two years. Originally posted by RealPage. After changing gears recently, the nation’s previously slowing price positioning is now bearing gently northward. According to monthly data released… Continue reading US Rent Growth Continues Upward in October by RealPage featured by SVN | SFRhub Advisors
It's the ultimate showdown, investors vs consumers. The heightened competition brought on by a tight supply of housing inventory is pushing investors to focus on new development. Investors are facing a new challenge; placing capital in a market where competition for existing homes and management of scattered property locations is reducing returns. Would you invest in the build for rent market? Let us know below.
It's SVN | Live Monday! If you happened to miss this week's SVN | Live Weekly Property Broadcast, don't fret. You can still view the incredibly informative slides here! On this Monday, the economic talking points were incredibly informative and enlightening. The BLS' measure of inflation, CPI came in at zero change in the last… Continue reading SVN | LIVE Weekly Property Blast featured by SVN | SFRhub Advisors January 28