There are a 1,000,001 reasons to invest in apartments in August 2024...
But nobody has time to read that today...
So I guess I'll stick to the top 5:
But before I do, sign up for our investment webinar on Thursday, August 12th...
5. Apartments will always be in demand because they provide a basic human need - shelter.
Even with 2024 being a record-breaking year for new construction (deliveries), occupancy is still above 90% in most metros...
There is still a housing shortage, so the occupancy dip should be temporary..
Expected new deliveries drop significantly in 2025-2027, meaning demand will only increase...
Increased demand will push prices and rents up (once the surge from 2024 subsides)
4. Near rock-bottom prices right now...
Fed rate hikes from March '22 - July '23 have significantly impacted value of apartment buildings...
Massive amount of new deliveries have also negatively affected values in the last year...
Buy low, sell high...
3. $5 Trillion in dry powder ready to deploy...
5% returns in money market accounts won't last forever...
Hoarding cash has depressed the real estate markets for the last 2 years...
Many private equity firms are waiting for a clear signal to push cash back in the financial markets...
Money moving into the market creates a cascading effect which will push prices up...
2. Timing is perfect...
When rates come down, expect a bunch of refinances (releasing equity) and more purchases as buyers come back in the market (also releasing equity)...
Released equity will be looking for new investments - adding to the cascading effect...
Dry powder is still dry. Once it starts moving back in the market, prices will rebound quickly.
Investing NOW puts you ahead of the expected rebound...
1. Real estate is ALWAYS a good investment...
More wealth has been created by owning real estate than any other avenue...
Although considered an "alternative investment" - real estate is truly the "original investment"
It's why Dale Carnegie said "90% of all millionaires become so through owning real estate"
It's why Will Rogers said "Don't wait to buy real estate, buy real estate and wait"
Of course, you still have to make sure you're following some simple fundamentals when investing, but that's where I can help...
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