Month: June 2017

by Tim Herriage Tim Herriage No Comments

May 2017: DFW Real Estate Stats

As you can tell, statistical data can alter drastically in the DFW market from month to month.  Every indicator in the recent MLS stats for May shows the market is hot and only getting more desirable for sellers and buyers to capitalize on investment opportunities. Don’t sit on your hands as of yet! Especially if you have an investment opportunity, buy or sell, now is the time to strike.
2020 REI takes pride on how and where they source their properties to ensure investors that they’re placing their capital in high growth and high demand areas.  When you are looking to identify an area that will work with your investment strategy, it is best to understand the performance and strength of that particular market.
“If your market of interest is on the rise, don’t be shy on purchasing because of the growth… you should capitalize on it.”
– Marcus Reynolds, VP of Investor Relations – 2020REI

by Tim Herriage Tim Herriage No Comments

Investable Realty Crosses 75 Million in Total Volume in 18 months of operation

Investable Realty is one of the fastest growing Real Estate Brokerages in Texas and they are growing their footprint Texas wide.
June 29, 2017 Dallas – Investable Realty, a 2020 REI Group Company, the fastest growing investor centric Real Estate Brokerage in Texas, has surpassed the 75 MM total volume mark in only 18 short months of operation. This milestone has come shortly after Investable Realty expanded their reach into the Fort Worth market by opening a satellite location in Bedford, Texas. “We plan to expand our footprint statewide,” said Tim Herriage, CEO of 2020 REI Group. “Our brokerage is unique in that we mainly serve real estate investors by finding them opportunistic properties for investment. We also market and sell their rehabbed or rental properties on their behalf so they can focus on their real estate investment business.”
Investable realty has also more than tripled their agent count since April of 2016. “We are actively looking for new agents to come on board and contribute to the vibrant culture we are building,” said Richard Weeks, VP of Realtor® Operations. “We have something special here. Our brokerage offers a collaborative environment where agents get to work with seasoned individuals and teams. An agent is never alone at Investable Realty. We find that our agents appreciate the freedom to grow their business according their own schedule as well as learn from our other successful agents. It also doesn’t hurt to work with investors who buy homes 7 times more often than the average homeowner.”
A brokerage dedicated to real estate investors may seem too niche but the numbers tell a different story.  Here is a quick view of the SFR market and its opportunities according to Green Street Advisors.

  • SFR properties comprise 37 percent of the rental market and roughly 13 percent of all occupied housing.
  • Institutional investor portfolios represent just 1 percent of the single-family rental market.
  • Real estate investors like single-family rentals because turnover is typically lower than with apartments, landlords don’t have common-area maintenance costs and the asset’s value has meaningful upside compared to apartments.
  • Home values are still below their peak in many areas, despite rising prices, and additional home-price appreciation is on the horizon.
  • An estimated 3.9 million renter households will form between 2016 and 2020. If SFR’s 37 percent market share remains steady, that means about 1.5 million new single-family rental units will be needed.

“There is a tremendous opportunity for investors to take advantage of this market in the next couple of years,” said Tim Herriage. “The challenge for investors is finding the right investment properties. That is why I created Investable Realty in the first place. I needed local and experienced Realtors® to help me identify properties for my investment portfolio.”
Texas is a prime location SFR investors to invest and Investable Realty is following suit by actively hiring new agents across Texas. If you would like more information on how to join or learn more about Investable Realty, please go to http://investablerealty.com/
About Investable Realty
Investable Realty is a local real estate brokerage currently focused in the Texas area that provides exceptional property variety and customer service to individual, professional, and institutional buyers and sellers. Investable Realty is the brokerage are of 2020 REI group.
ABOUT 2020 REI
2020 REI is a complete real estate investor eco-system which provides comprehensive service for the single-family real estate investor. 2020 REI is a collection of professional real estate investing companies specializing in acquisition, brokerage, consulting, disposition, equity and financing services nationwide. We train, find, acquire, fund, and build. We bring over two decades of experience and a large and varied portfolio together to help individuals and companies acquire, stabilize, and execute desired exit strategies within the real estate investment industry.
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If you would like more information about this topic or wish to request and interview with Tim Herriage, please contact Abe Romero at (972) 755-1880 or email at abe@2020rei.com.

by Tim Herriage Tim Herriage No Comments

THE FIRST IN-DEPTH REPORT OF THE SINGLE FAMILY REAL ESTATE INVESTOR – THE ICEBERG REPORT

THE FIRST IN-DEPTH REPORT OF THE SINGLE FAMILY REAL ESTATE INVESTOR – THE ICEBERG REPORT

The Iceberg Report is a comprehensive analysis of the single-family residential investment industry focusing on investor behavior, practices and how single-family REI investors effect the US economy. 
Phoenix, Denver, Dallas, June 13, 2017– The role of the individual and institutional single-family residential investor is highly undervalued and tremendously under-appreciated. About 10 million individuals, businesses and institutions provide secure housing and jobs for millions of average Americans. 67 million souls live in single-family rentals, a million more properties are added each year employing millions of individuals, to buy, renovate, lease and maintain as safe housing for tenants in affordable to luxury markets.  Single-family rentals have been discovered as a low-risk passive income revenue source and a growth asset in a balanced portfolio or personal retirement plan.
The Iceberg Report proves that portraying single-family real estate investors as slumlords, tenants as victims, and bad rentals destroying good neighborhoods is far from the reality.  Wise investors have goals of happy tenant customers and well-maintained appreciating properties that align with good business practices and good neighborhood outcomes.
The size of this market is well documented. However, the Iceberg Report set out to reveal a segment of the market that has yet to be discovered. The report examines investor behavior by qualified investor segment, fiscal impact and influence on the US economy.  In a collaboration between Real Trends, NEXZUS Publishing Group, the Harris Poll, and 2020 REI, a concerted effort was made to develop a report show the true nature of the single-family REI industry. “These are people who have a vital mission and dedicate their businesses to provide housing for others Small landlords, often your neighbors, and real estate investors provide homes for more than 25 million households. This report begins to map the market and the document reality.”
Using Harris Poll, single-family real estate investors were surveyed nationwide to understand why, where, what and how they invest and manage these properties to provide stable housing and realistic returns on their personal and company investments.
Early data from the Iceberg Report has shown that there are many facets to this complex space. “Real Trends and NEXZUS first surveyed the market in 2008 and 2012 to quantify the market in The Invaluable Investor Studies,” said Andrew Waite President of NEXZUS Publishing Group. “SFR investing may be big, but it is not monolithic. The Iceberg Report now begins to analyze the qualitative aspects of this market to discover what they invest in, what preferences apply, how they buy, where they buy as well as tipping points and strategies in choosing various property, funding, goods and service alternatives.
The report touches several other critical components that shape this market. Key among these are how the single-family real estate investor effects the economy, how investors view their properties (as added rental income or as an intentional business goal), investor decision points, and the investor as a customer,” says Steve Murray, Founder & CEO Real Trends.
“The Iceberg Report raises as many questions as it attempts to answer. This is just the beginning of our team’s analysis on the single-family real estate investor industry,” said Tim Herriage, CEO of 2020REI. “This report and follow up analysis of related disciplines and activity will be ongoing; the goal is to track emerging trends and implications in this informally managed multi-trillion-dollar investment industry. The goal of The Iceberg Report is to help investors be recognized as serious contributors to American economic well-being. Secondarily to help investors understand where they fit and help vendors serve this class of customer in better serving their tenant customer.
The full release of the Iceberg Report will be available June 13th. To download your free copy of the Iceberg Report Executive summary, please go to http://icebergreport.com/
The Authors of the Iceberg Report are Real Trends and NEXZUS Publishing, Survey by Harris Poll with inspiration/seed sponsorship from 2020 REI Companies.
ABOUT 2020 REI
2020 REI is a complete real estate investor eco-system which provides comprehensive service for the single-family real estate investor. 2020 REI is a collection of professional real estate investing companies specializing in acquisition, brokerage, consulting, disposition, equity and financing services nationwide. We train, find, acquire, fund, and build. We bring over two decades of experience and a large and varied portfolio together to help individuals and companies acquire, stabilize, and execute desired exit strategies within the real estate investment industry.
About The Iceberg Report
The Authors of the Iceberg Report are Real Trends and NEXZUS Publishing, Survey by Harris Poll with inspiration/seed sponsorship from 2020 REI Companies. The Iceberg Report 2017 was conducted online by Harris Poll on behalf of Nexzus Publishing Group between February 24 and March 27, 2017, among 277 US adults who own at least one single-family residence (SFR) that is not their primary residence.
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If you would like more information about this topic or wish to request and interview with Tim Herriage about the Iceberg Report or 2020 REI, please contact Abe Romero at (972) 755-1880 or email at abe@2020rei.com.
 
 

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