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Need for Rental Housing Investment Community | International Residential Real Estate Investors Association
Wednesday November 22nd 2017

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Need for Rental Housing Investment Community

I’d think small investors would find the lack of a focused source of networking, education, tools, regulatory support, legal support, and many  other items that are obstacles to small investors in this space.

The large multifamily investors are well represented by a strong set of associations, councils, and so on.  However, small investors are not represented.  Frankly, while frustrating for investors this probably costs the market lost economic value and customers lost customer service quality and product quality.

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5 Responses to “Need for Rental Housing Investment Community”

  1. Tammy Phelps says:

    I absolutely agree with you. In our area there seems to be very little with regard to investors of multiple investments who are able to locate and count on exceptional property management companies, representation and focused groups/ organizations that have their best interests at heart.
    What are your thoughts on creating a community for this niche specifically?

    • 062291va says:

      We are putting together a plan to establish an Association aimed at our interests. We expect the membership cost to be under $200 per year and to include substantial services, tools, networking opportunities, etc. from the beginning.

  2. Ian Mattingly says:

    Most of the local apartment associations I’ve been involved with have had some sort of Independant Rental Owner’s Council, which can provide many opportunities for education and networking.

    • 062291va says:

      While this is true, the apartment associations cannot help being heavily biased toward their larger clientelle. Additionally, these associations are not focused on investors. Investors have very different needs than apartment managers and large apartment vendors. In fact, most independent owners don’t join the local apartment association.

      Nevertheless, this is a good point and should be examined more closely.

    • Real Estate Investor says:

      True enough. However, this info is aimed at managers, maintenance, and property ongoing operations. Investor info organized in a way that the average person can put their arms around it is pretty scarce.

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