We looked at nine key states to see how many homes are owned by four big single family rental companies (Invitation Homes, Progress Residential, Cerberus, and American Homes for Rent). Atlanta came out on top, popular across the board with these companies, due in part to portfolios picked up by acquiring or merging with other companies.
Comparing the Market Positioning of Big SFR Operators
As the single-family rental (SFR) market becomes more competitive, every investor must clearly define their positioning. The Locate Alpha team looked at 4,000 active listings by national SFR (single family rental) operators around the country, active in late February 2022. We took Invitation Homes and American Homes for Rent as examples, examining their listings in all national markets.
The Gas Station Effect
Some things, when near to a home, can have a negative effect on value. What about gas station? The fumes, traffic and noise would probably make a home less desirable if the home is too close. But how much, and can the data show this?
Getting “iBuying” Right
Last week, Zillow Group announced the winding down of its iBuying business, which came as a shock to many in the industry. What could have gone wrong at one of the biggest names in the real estate world? And what does it mean for other companies?
How Many Properties Do People Put In One LLC?
What is the optimal number of homes that should be in each one? Should you put all of them into one LLC or should you break them up, and if so, how many homes should be in each LLC?
Finding Good Sites for a Build-To-Rent Community
We were recently tasked with finding potential locations for a build-to-rent single-family rental community. These types of communities are booming around the country in response to strong demand for spacious rental properties. As owner-occupied housing becomes more expensive, they fill a gap in the market and have become hugely popular. We’ll review some of the steps we took in completing this type of analysis.
Making Sure Your Target Neighborhood Allows Rentals
How do you know your target neighborhood allows rentals? Or that it won’t stop allowing them in the near future? We have developed a index to measure just that.
What Are the Odds a House Will Go On the Market?
We developed a model to determine whether a house will sell in the near future. Your odds of getting a sale can be 3-7 times higher if you target homes with a high probability of sale.
What Is Driving Rental Growth?
Locate Alpha is full of information to describe investment locations. But what made us choose the variables that we did? How do we know — and prove — that what we put on the scorecard to describe a neighborhood is relevant information?
Suburban Single-Family Rents up Almost 20%
Average home valuations in the Dallas-Fort Worth area were up nearly 20% from mid-2020 to mid-2021. But have rents increased?
The Secrets of Successful Corporate Relocation
So, you’ve decided to join the flood of firms moving to Texas, and you’ve narrowed down your search. Now, it’s a question of digging into the details, like affordable housing, good schools, and available amenities.
Figuring Out Where to Buy In DFW in 2021
An oft-repeated rule of thumb for single family home real estate investors is something called the “1% rule.” Simply put, this means that monthly rents should equal to at least one percent of the purchase price of the home. This is a quick-and-dirty way to check whether a home has cashflow-generating potential. In other words, will there be much left over after all expenses are paid?