Since California (against the expressed wishes of voters) enacted statewide rent control in 2020, new and more stringent ideas are coming out of Sacramento frequently. Is it time for a “Cal Exit” of our real estate dollars?
This month, we’ll talk about what drives value in Net Leased Properties. Many of us already know that investment real estate is valued based on the income it generates. This value is further influenced by the quality of that income.
A new multifamily asset class has emerged called “Build to Rent.” A Build to Rent apartment community is constructed by homebuilders as single family homes or townhouses, but then leased out as apartments and sold to investors in one package. This could offer investors an interesting “additional exit option” that we will discuss this month.
Now that this strange time may be nearing an end, (or is already overdepending on what state you live in), we may have a clearer picture of who the winners and losers are.
Many investors have real estate portfolios that contain some “dogs” Do you? Let’s answer that question for you. If you do; perhaps now would be a great time to sell these properties and “trade up.”
