- Historically outperforms other asset classes.
- Shelter is a non-negotiable in life.
- Home ownership rates are in decline, the American dream is changing.
- Equity increased by strategic value add, and historical rental appreciation.
- Lowered risk. Vacancy risk is diluted with scale.
- Economies of scale – Affordable management & maintenance.
- Consistent monthly cash flow – snowball effect.
- Many value add strategies: increasing rents, laundry facilities, vending machines, pool, etc.
- Tax breaks: depreciation, 1031 exchange.
- Providing housing: Improving people’s quality of life.
- Easier to finance. Less risky asset class from the bank’s perspective.