Re:How housing became the world’s biggest asset class
by opportune on Wednesday January 22, 2020 @08:49PM
(#22124083)
Housing asset management only scales linearly because you need several people to physically inspect/validate each property before purchase to make sure there are no serious issues.
Also you need to assess the rental conditions for each property on a case by case basis, and contract everything out to property management.
A lot of REITs invest in medium-large sized complexes to avoid the potential headaches. I’ve lived in a few of these and found them to be quite well managed.
Also you need to assess the rental conditions for each property on a case by case basis, and contract everything out to property management.
A lot of REITs invest in medium-large sized complexes to avoid the potential headaches. I’ve lived in a few of these and found them to be quite well managed.