Re:The Rise of the Rich Renter
by prostoalex on Tuesday October 10, 2017 @12:50AM
(#15439435)
> If you're seriously investing in real estate you're looking into development projects, re-zoning, etc.
I don't think that's strictly accurate, there's something for every budget in real estate investment world, from buying a small condo to rent out to sovereign-fund-level buildouts like Las Vegas CityCenter or LA Metropolis.
It's like saying that someone interested in stock investing would not be buying a few shares here and there, but instead go the Warren Buffett way and acquire entire companies to get synergies across industries.
There are income-oriented investors and multifamily income funds who buy primarily for cap rates.
I don't think that's strictly accurate, there's something for every budget in real estate investment world, from buying a small condo to rent out to sovereign-fund-level buildouts like Las Vegas CityCenter or LA Metropolis.
It's like saying that someone interested in stock investing would not be buying a few shares here and there, but instead go the Warren Buffett way and acquire entire companies to get synergies across industries.
There are income-oriented investors and multifamily income funds who buy primarily for cap rates.