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WARNING from Harvard: Single vs Multifamily Real Estate in Recession

A study from Harvard about real estate on multifamily real estate vs single family real estate. NEW 40% off Coupon code ImNotLeaving 🔥🔥🔥 Lifetime access to programs on building your wealth & new updates in stocks, real estate, management, sales, or Youtube. https://metkevin.com/join Want deals off market / before they hit the MLS? Checkout https://metkevin.com/deals for DealMachine!

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The Study: https://metkevin.com/harvardstudy

The Joint Center for Housing Studies of Harvard University found that multifamily real estate was the victim of more speculation and riskier financing prior to the Great Recession. This could be due to the “Greater Fool than I” theory in real estate, where real estate or capital funds will gladly OVERPAY for real estate JUST to place money. Unfortunately, short-term loans and balloon payments took down a lot of bigger real estate financing. Speculation also happened in single-family real estate, but prices fell MORE for multifamily real estate. In addition to this, multifamily real estate - during the crash, suffered from HIGHER vacancy rates than single family or small (2-4) real estate deals. This create more management issues, more evictions, and more challenges for multifamily real estate investors. This also dispels the myth that multifamily real estate survives recessions.

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20 марта 2020 г. 4:44:24
00:16:51
Яндекс.Метрика