Updated: Apr 17, 2020
Strong real estate value is and always will be about the triple L’s; Location, Location, Location. Whether buying for personal use or for investment purposes where the property is located helps drive property value and cash flows.
FOLLOW THE DATA
Healthy markets have….
Above average employment growth 1.4%
Above average rent growth 2.5%
Above average affordability gap $239/month
Above average population growth 2.5%
Below average unemployment 3.6%
Landlord and Biz friendly
Limited Partners need to first understand that the market is underwritten before the property is underwritten, in fact the team is established before a property is even considered.
1. Healthy Market
2. Savvy Team
3. Potential Property
This helps mitigate risk and sets Limited Partners up for better success.