Jan 20, 2022
Summary:
Real estate has been one of the best performing asset classes,
especially during the pandemic. Will it stay this way or pull back?
Here to speak on this is Mark Hamilton, who talks about how the
real estate markets have shifted in consideration of the pandemic,
and where they’re going in the future. There are a number of real
estate markets—all of which are doing different things. Rents are
going up as a result of inflation, and have ultimately recovered
what they lost. If you’re looking to get rid of a property, now is
the time to get information on strategies about placement. Tune in
to this episode to learn more.
Highlights:
-There are a variety of real estate markets doing different
things
-From the pandemic, we’ve seen performance differ from market to
market
-In March and April of 2020, Hamilton was worried that market
values would worsen, but the markets went into paralysis for 90
days
-Interest rates went down, and people were on the move
-New and sleek, urban properties struggled
-In every market, rents climbed
-Rents are going up as part of inflation
-With hospitality, restaurants, and hotels, people are going to be
careful
-In the Eastern markets (i.e. New York City and Boston), and people
are coming back; rents have recovered most of what they lost
-With the work from home environment, people were able to leave
high cost areas and relocate
-If you’re looking to get rid of a property, it’s a good time to
get information on strategies about placement
-People sell their investment properties to avoid the headaches
-Some sponsors allow investors to contribute their real estate to a
REIT
-As an investor, you need to make sure that you’re not buying real
estate and then buying direct investments
Useful Links:
Financial Survival Network
Hamilton Zanze