Why Wall Street Fund Managers Plan to Invest Billions into Single-Family Rentals in 2023

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Manage episode 348535130 series 1248804
By Rich and Kathy Fettke and Kathy Fettke / RealWealth. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
The majority of single-family rentals, and they are currently about 23 million of them, are owned by small investors, mom and pops. Wall Street landlords, who still get a lot of flack, own only about 350,000 units, or 1.5% according to the National Rental Home Council. But they are looking to invest billions of dollars more. They are probably looking at the same metrics we're studying, which is the massive rental demand due to the current economy, and higher interest rates that are delaying renters from becoming home owners. This is exactly why we started our second single family rental fund, focusing on growth markets in Texas. You can find out more about that at GrowDevelopments.com. There's still time to invest by the end of the year. Today’s guest is the Managing Director of Armada ETF Advisors, David Auerbach, who knows how the institutional investors think and operate. David has more than 23 years of experience in the REIT industry. He’s the publisher of The Daily REITBeat Newsletters and has worked as an institutional trader at World Equity Group, Esposito Securities, and Green Street Advisors. You can find out more about real estate investing at realwealthshow.com. Hit the join for free link to become a RealWealth member. You can also find out about our single-family rental fund which focuses on growth markets in Texas, by going to growdevelopments.com. There's still time to invest by the end of the year! Also, please leave us a review and subscribe to our podcast if you haven't already done so! Thank you for listening! -- Kathy

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