single-family rental

Jerry Miller started is real estate investing career 16 years ago doing single-family rental fix/flips and multifamily syndications.   Now 16 years later, Jerry is just as passionate about real estate investing for building generational wealth as he was in his first year of investing.  Today Jerry shares with us lessons for evaluating real estate investments from his journey from full-time IT professional to full-time real estate investor.

Main point:

• Are you investing in the stock market or real estate right now, and why?
• Are interest rates too high to invest right now?  
• What have you learned from single family properties that applies to multi-family properties?
• What is the biggest positive and biggest negative surprise from investing in multi-family properties?
• When do you expect to go to full time real estate?

Connect with Jerry Miller:

• Free ebook on website (above) for getting started in real estate investing
• jerry@largogroup2011.com
• https://www.facebook.com/largogroup2011
• https://www.instagram.com/jerrymillerrealestate/
• https://www.linkedin.com/in/jerry-miller-948b7a17/
• http://www.largogroup2011.com

Jonathan O'Kane is Vice President and Head of Research at Chandan Economics. At Chandan, he blends data with storytelling, bringing forward unique coverage of all things related to mom-and-pop rental housing.

Main Points:

• Mom-and-Pop operations proved significantly more sensitive to the pandemic than professional managers
• As of March 2022, rent collections in independent operated rentals has recovered back to pre-pandemic levels
• Renters moving to more affordable metros is a double-edged sword, potentially exporting affordability concerns to new parts of the country
• Despite rapid institutionalization, the single-family rental sector remains dominated by mom-and-pop operators
• New multifamily debt has far outpaced new multifamily supply since the end of the Great Finical Crisis. In a rising interest rate environment, small operators could run into trouble if rent-rolls are unable to adjust quickly enough to rising debt servicing costs
• The role of cities is evolving, though they have many times throughout history. Gateway markets may continue to struggle over the medium term, though we should bet on their long-term resiliency

Connect with Jonathan:

• www.linkedin.com/in/jonathanokane/
• http://chandan.com/
• okane@chandan.com