We have the ability to view way more
homes than most investors.
Not exact matches
After the 2008 housing bust,
home prices bottomed out, dropping so low —
homes were selling for less
than replacement construction costs — that many
investors jumped in, soaking up
most of the inventory.
Canadians perennially suffer from
home bias — moreso
than most investors worldwide, if the anecdotal evidence is to be believed.
Most real estate
investors say you should never purchase a
home that's monthly rent is less
than 1 % of the purchase price of the
home.
[Though I suspect my underlying allocation's still less
than the average
investor (who buys tech, and / or invests globally), and obviously a fraction of the insane
home - bias allocation
most US
investors maintain.]
It's important for us as an industry to educate sellers on the risk in selling directly to institutional
investors, rather
than exposing their
home to the market in order to get the
most return on it.
We manage
homes owned by local and foreign
investors, and offer more services to
investors than most; everything from private financing, property management, and sales.