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Updated 13 days ago on . Most recent reply

User Stats

80
Posts
87
Votes
Robert Frazier
  • Boise, ID
87
Votes |
80
Posts

You should invest in building real estate right now, rather than buying existing.

Robert Frazier
  • Boise, ID
Posted

We all started with a simple BRRRR podcast or webinar. Someone explaining how we can take fixer uppers and turn them into rentals. It used to work well almost everywhere...then interest rates went up and supply went down and demand in many places continued to grow. The value of existing homes continued to grow and grow....but buying up existing rentals became a way that we as investors waere contributing to the housing crisis rather than being a part of the solution.

I read an article this morning saying that "First time home buyers are now an endangered species" (https://www.cbsnews.com/news/housing-first-time-homebuyers-h...) only 24% of home sales were to first time homebuyers. Affordability is the number 1 reason for that...and it is because we don't have enough housing...and those with capital are spending it to buy existing stock rather than building more.

What if you took your investment and looked for ways to solve the housing crisis as an investor?
Here are a few ways you can work with your capital to build our way out of this mess of 3million+ units short nationwide:

-invest in real estate developments

-Partner for small infill developments

-add units to existing rentals with duplex, triplex and ADU additions/remodels

-support affordable housing by buying affordable housing tax credits

-lend to developers as private equity lenders

If you want to talk about ways to do this, I love talking about it. Drop me a DM.

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