+1Ehh, good luck.
Current SFH market prices pretty much guarantee mediocre unlevered yields in most regions, further reducing your ability to find accretive debt. Difficult to scale SFRs as an individual. Revenue concentration means vacancy is particularly penal. Expensive maintenance/capex relative to GPR.
The people that did well in this arena bought in the earlier 2010's when prices bottomed and debt was relatively cheap.
I love real estate (it's my profession), but it's been a rocky road the last couple of years. Proceed with caution and don't get sucked into the Bigger Pockets/influencer narrative.
Great points
well said
What is your profession in R/E?
j
Statistics: Posted by Sandtrap — Thu Oct 10, 2024 10:25 pm