ilmscore | Why I'm going back to real estate

Why I'm going back to real estate

Published: 2021-07-07
Status: Available | Analyzed

Predictions from this Video

Total: 10
Correct: 0
Incorrect: 0
Pending: 10
Unrated: 0
Prediction
Topic
Status
National rent growth is expected to approach 5% year-over-year, with a rental rebound beginning across the country.
"National Rent growth is already approaching a five percent increase from year ago and starting now a rental rebound is beginning to take shape across the entire country"
Rental Prices
Pending
Rents are rising at their fastest historical pace, with specific increases noted in Atlanta (7.1%), San Diego (10%), and Las Vegas (17.3%).
"today rents are rising at their fastest Pace in history up 7.1 percent in Atlanta 10 in San Diego and get this 17.3 percent in Las Vegas"
Rental Prices
Pending
Rents are expected to continue rising, and viewers are advised to negotiate lease terms and be prepared for these increases.
"we got to continue to push for more development understand that you can negotiate the terms of your lease to save you more money and at least by now you have a better understanding of what's happening so that you could be better prepared for rents to continue going higher"
Rental Market Outlook
Pending
The speaker believes Las Vegas is well-positioned for growth due to an influx of people, and plans to invest in multi-family housing there.
"I think Las Vegas is perfectly positioned to see more people moving in and I think it's about time that I diverse find a multi-family housing"
Real Estate Investment
Pending
Institutional investors are buying apartment buildings in anticipation of rental price increases mirroring home value growth over the next few years.
"my assumptions are correct they're buying large apartment buildings now knowing that the next few years rental prices could very well start increasing the same way that home values have"
Real Estate Market
Pending
The US is experiencing one of the worst housing shortages in history, with estimates suggesting a decade of construction is needed to meet current supply demands.
"we're in one of the worst housing shortages in history with some people saying it would take a decade of building just to meet the current Supply"
Housing Shortage
Pending
There is no indication that rental prices will decrease soon, and as home values rise, this may signal the start of a sustained increase in rental prices.
"there is nothing that points to rental prices coming down anytime soon and as long as home values continue going up this could very well be the beginning for rental prices"
Rental Prices
Pending
More development, specifically regulations promoting low-cost housing, is needed to solve the housing shortage.
"the only thing that we could do to truly solve it is more development simply put we need building regulation that promotes the development of low-cost housing because right now that does not exist"
Real Estate Development
Pending
Finding good real estate deals is difficult due to competition from owner-users. Investors should look for distressed properties or less desirable locations.
"it's extremely difficult to find a good deal when you're competing with owner users who plan to move in themselves as an investor I want a place that no one else wants that's in disrepair that needs to be fixed up or it's maybe in a location that most people don't think is desirable"
Rental Prices
Pending
Las Vegas is expected to see continued population growth.
"so I think Las Vegas is perfectly positioned to see more people moving in"
Rental Prices
Pending