5 at 5: Your Daily Digest for Real Estate Investing, 12/29/2020
The eviction moratoria have been extended, REIT and real estate stock forecasts for 2021, Bitcoin and real estate purchases, a list of retail stores and which grocers are the most profitable neighbors.
Today on Millionacres
New York passes “strongest” bill against evictions
The final days of the virus’ first year saw a number of new eviction and foreclosure moratoriums and extensions, including one that New York state leaders say is the strongest in the country.
Why It Matters: New York is just one of many states with their own rules, and the huge stimulus package just signed by the president included additions. It is difficult for real estate investors and renters to keep up with everything, but it is necessary.
Investing in Real Estate Stocks and REITs: Forecasts for 2021
The real estate sector crashed and bounced back in 2021, but it lagged well behind the S&P 500. So what’s next in 2021?
Why It Matters: Millionacres’ Matt Frankel explains which real estate investment trusts (REITs) he thinks will bounce back and which will dissolve, and this is a guy who is kind of wagering money where his keyboard is. Always worth considering.
Should you invest in real estate with Bitcoin?
The lead dog in digital currency was on a crazy run, reaching unprecedented new heights. Now is the time to start using Bitcoin in real estate transactions?
Why It Matters: Millionacres’ Deidre Woollard describes the history, pros and cons of using Bitcoin in real estate. All of these backgrounds are good to know if you are thinking of going this route.
Even in today’s news
The 10 largest personal bankruptcies in 2020
More than three dozen retailers, including the country’s oldest department store chain, filed for bankruptcy this year, hitting an 11-year high. They were also much bigger than in the past.
Why It Matters: CNBC lists the year’s biggest losers here, and also claims the year ahead could see more of it, especially as holiday sales hit amid a pandemic that could permanently change retail buying habits.
Properties near ALDI are better than near whole foods
If you are considering investing in a rental property, consider buying near an ALDI, according to ATTOM Data Solutions’ annual 2020 Grocery Store Wars analysis.
Why It Matters: This GlobeSt.com article analyzes highlights from the ATTOM report and previous work of a competitor, including which grocery stores also match the highest house values. Interesting read that might help start thinking about where to cut some investment money in residential real estate.