A persistently strong economy, backed by a strong economic forecast, low unemployment, burgeoning Millennial buyers, years of limited construction, combined with pandemic conditions continue to drive home values and housing demand well above historic highs.
Protecting Against Lawsuits for Buy-and-hold Real Estate Investors
When the dean announced that Goldman Sachs would be visiting to recruit two students for their new analyst training program, I jumped at the opportunity to interview for the position.
At some point, every real estate investor will ask themselves if they need to hire a property manager. Many landlords manage their properties on their own–or with the help of an assistant, such as a resident manager.
The Fair Housing Act (FHA) of 1968 is a federal law that was passed by congress in a effort to put an end to widespread housing discrimination in the United States.
Over the past few years, both residential and commercial real estate have rewarded investors handsomely yielding average annual returns on the upward of 7-10%.
One of the biggest challenges to maintaining a profitable rental property is vacancy. Even when your rental goes vacant–and you’re not receiving rental income–you’re still paying insurance, taxes, utilities, and making mortgage payments.
Very few property owners and managers would intentionally discriminate against a prospective tenant based on their race, color, religion, sex, familial status, or national origin.
Many income property owners operate under the assumption that, if they simply hire a property manager, they’re immune from any liability associated with the decisions, actions or negligence of their property manager. This couldn’t be further from the truth.
We predict growth in rents will continue through 2022 though not at the same rate as 2020-2021. However, the ongoing lack of affordable rentals and housing will spur rental demand.