Wall Street Bets Virus Meltdown Gives Landlords a Chance to Grow

[dcbl]

this could be really good news as it may be an indication that the hosing markets will remain strong!

Wall Street Bets Virus Meltdown Gives Landlords a Chance to Grow

Wall Street’s wager on high-earning suburban renters is paying off, and it is raising its stakes.

Investors are flocking to America’s mega landlords, drawn by signs the companies that emerged from last decade’s foreclosure crisis owning huge pools of rental houses are weathering the economic shutdown far better than feared. Many also expect that the coronavirus pandemic will make suburban single-family homes both more desirable and more difficult to buy for even the relatively well-heeled.

 

[ReinyDays]

Even an idiot can make money in rentals ... and we have a lot of idiot landlords ... so be careful where you invest ...

Doctors make their money spending their days doctoring ... lawyers make their money spending their days lawyering ... investment bankers make their money spending their days investment banking ...

Landlords collect rents on the first of the month, pay bills on the second of the month ... that leaves them with an inordinate amount of free time ... more than enough to lobby the legislature or even hold a legislative seat ... or be the POTUS ... landlords don't influence Congress, they are Congress ...

I've won well over 100 consecutive court cases against tenants ... throwing babies into snow banks ... it's a nasty job but it pays well ...

 

[bdtex]

this could be really good news as it may be an indication that the hosing markets will remain strong!

Wall Street Bets Virus Meltdown Gives Landlords a Chance to Grow

Wall Street’s wager on high-earning suburban renters is paying off, and it is raising its stakes.

Investors are flocking to America’s mega landlords, drawn by signs the companies that emerged from last decade’s foreclosure crisis owning huge pools of rental houses are weathering the economic shutdown far better than feared. Many also expect that the coronavirus pandemic will make suburban single-family homes both more desirable and more difficult to buy for even the relatively well-heeled.

A lot of those investors have had time to pay off or substantially pay down any loans they got to purchase those rental properties.