Rand on Real Estate

Today's episode is a clip taken from my new live show on Linkedin in collaboration with my associate Noel Christopher. We want to give viewers a presentation on what markets are about to pop in the next coming years due to population demand. In this clip, we discuss the migration trends that are accelerating due to COVID, the importance of analyzing both yield and appreciation, and the benefits of holding a property for more than 5 years.

Kevin is one of our best guys in the company so I had him speak to our national team on how he teaches his agents to be the best they can be. Take away some of his advice and apply it to your own day to day sales position no matter what sector of real estate you work in.

During one of our Sales Teams webinars, I had Curt Rowe from Phoenix describe what he's seeing in the housing market. It looks like the sellers might be backing off, but it's important to know the numbers for yourself before the media tries to spin it as a housing collapse.

In this episode, we talk about several topics ranging from news about home builders seeing a slow down in business to which asset class is better for hands-off investments, Condos, or SFR's. We also bring up something new our sales agents are doing, which is gathering intelligence across markets everywhere so we can then report that data back to you.

If you would like to sign up for The 360 Single Family Rental Investment Workshop on 9/23! Register free here: https://ecs.page.link/fUqrX

Many analysts can get stuck in the data of a story and actually get it wrong because they don't have the full perspective. That's why having the anecdotal intel of what's happening in local markets can actually go hand in hand with the data. In the first half of this video, we talk specifically about stories in the field. In the second half, my editor Nathan asks for some clarification behind the reasons one might refinance their home.

Everything that has happened in the last 6 months has caused life to speed up in many ways. One of those ways was the migration out of cities due to Covid-19 and now even more because of the chaos in cities across the county. President Trump also signed an executive order to put a stay on all evictions until the end of the year. Here are my thoughts on why I'm not worried about it.

Build for Rent is a trend that is picking up steam in the institutional investor space. We love the benefits it brings to all parties involved, so we are working to package new homes for smaller investors. Here at Renters Warehouse, we are in contact with large investors who want to get involved in the “Build For Rent” trend but don’t know where to start. We are so deep in these transactions that we are discovering what the best standards are for investors of all sizes.

This comes from this week's national sales webinar. I thought it was helpful and could be shared with you. Whether you are working as a sales agent or are looking for your next tenant, this is a vital tip you need to know to actually get the business. The faster you respond to a lead, the more likely they will convert.

The Harvard Business School Report: https://www.chilipiper.com/blog/speed-to-lead-statistics

We regularly post short videos on Instagram around investing in the single-family rental sector. This episode is dedicated to answering those questions in a longer format. If you have questions you'd like answered in the next episode, go to my Instagram and leave a comment or send me a direct message saying you'd like to have your question answered on the podcast.

Instagram Link: https://www.instagram.com/gsrand/

During a video webinar, I had with our sales team we shared the methods we have used recently to get business outside of company generated leads. I wanted to share this with any real estate agents, investment advisors, or sales agents in general.