Your Daily Digest for Real Estate Investing, 9/3/21
Biden and housing initiatives, three cheap stock purchases in September, rent increases that outperform entry-level homes, employment growth and hotel occupancy are slowing
Today on Millionacres
What Biden’s new housing initiatives could mean for investors
The plan is to revive past programs, increase prefabricated houses, limit sales to large investors and increase local funds.
The Millionacres Takeaway: Our Liz Brumer delves into the details and looks at what they would need and what different effects they would have on mom-and-pop and institutional investors.
3 cheap real stocks to buy in September
After the delta variant pushed the falls back up, some of the top performing property stocks fell significantly from a few months ago. Here are three in particular that have fared poorly over the past few months and which investors should perhaps take a closer look at.
The Millionacres Takeaway: The right time to buy undervalued stocks is when they become available. Our Matt Frankel shares here why he now thinks these three are good buys.
Rents beat entry-level home prices in half of US cities
Rents recently reached their highest level in two years. Now, according to a new report, rents have risen so high that buying a starter home is cheaper than renting in many US cities.
The Millionacres Takeaway: Obviously the rental prices are down again, writes our Aly Yale. If the Supreme Court breaks the evictions ban on the Centers for Disease Control and Prevention, the good news for landlords will just continue.
Even in today’s news
US reports slowest job growth in 7 months as Delta Variant expands
US recruitment fell sharply in August, the lowest job increase in seven months, complicating a potential Federal Reserve decision to end monetary support by year-end, Bloomberg reports today.
The Millionacres Takeaway: Slowdowns in the recreation and hospitality industry have been particularly noted, and these are areas where real estate investments may also feel a fresh pinch after the immediate euphoria of the vaccine rollout.
Hotel occupancy not yet cured: cities to keep an eye on with the Delta variant
The number guzzlers at Trepp used Trip Advisors ‘”Travelers’ Choice – 2021 Best of the Best” to determine the most sought-after cities for travel, analyzed the financial figures behind the hotels at these locations and checked which delta cases are possible for them Future of these properties.
The Millionacres Takeout: Considered the barometer of the travel prospects and recreation all these hospitality properties have counted on? The pressure is still high and it could grow.
Unfair Perks: How Real Estate Became a Billionaire Factory
You probably know that real estate has long been the playground of the rich and connected, and that it was also the top performing investment in modern history based on recently released data. And with a number of unfair advantages completely unknown in other investments, it’s no surprise why.
But those barriers have collapsed – and now it’s possible to build REAL wealth through real estate for a fraction of what it used to cost, meaning the unfair benefits are now available to individuals like you.
To get you started, we’ve put together a comprehensive guide that outlines everything you need to know about investing in real estate – and made it available today for FREE. Just click here to learn more and access your free copy.
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