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Build-to-Rent Land In High Demand
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:04:58
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Sinopsis
The build-to-rent trend is creating intense competition for land. There are reports that land brokers are getting a growing number of calls from investor groups who want to build single-family rental communities. And there’s a limited amount of suitable tracts of land, so competition is fierce. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. Forbes just published an article on this build-to-rent “land rush.” It says that for every veteran buyer, land brokers are getting 50 calls from groups who are new to this residential construction niche. BTR “Land Rush” Because there just aren’t enough existing homes on the market to meet investor demand, the build-to-rent trend is gaining traction. And that has off a stampede of sorts, for land. Forbes says that “a site that is well-suited for build-to-rent will typically get between 10 and 25 offers.” This is also a new situation for land brokers. They have traditionally sold to developers