Bruce McNeilage
It’s Time to Toss Your Market Model
If your analysis still prizes these three metrics above all else, prepare to be outmaneuvered. Historically, three economic factors were nearly axiomatic when it came to predicting the relative soundness of a real estate market. If a region could boast a net positive immigration number, a rising number of jobs ...
Don’t Let Them Lie to You: Real Estate Investing Is Crucial to Housing Market Health
It’s time to stop villainizing investors, no matter the scale. In July of last year, certain groups claiming to be “advocates” for homeowners took aim at real estate investors with a series of reports claiming, among other things, that 7% of the existing low-income housing tax credits currently in existence ...
Design is Crucial to Attracting Discerning Baby Boomers
It’s been well-documented that the single-family rental (SFR) business has been on a hot streak lately. Today, SFRs make up about 6% of all new homes being built in the United States. That number is expected to double in the next 10 years. Wall Street is taking notice and pouring more ...
Design Elements in Rental Homes
When it comes to real estate, most people swear by the axiom “Location, location, location.” But, there’s one other element I think is equally important. The kitchen, the kitchen, the kitchen. The kitchen has long been a centerpiece of family gatherings, whether it’s a nightly family dinner, leisurely Sunday breakfast ...
Building Relationships with Banks, Credit Unions
Ever take a look at someone’s social media page and wonder how their life could be so perfect…sunsets on vacation, skydiving, food and drink with good friends. The truth is, no matter how perfect it looks, you only get to see the good parts. The screaming kids, the cranky spouse, ...
Think Realty Podcast #180 – Build It and Renters Will Come
Known as the Real Estate Ninja, Bruce McNeilage is on the show discussing what he knows best—and it’s the hottest niche in the industry right now—Build to Rent. Find out how you can be 100% leased in multiple states with this strategy and how to overcome challenges like land, labor, ...
Prior to Covid-19, median household incomes in the United States were rising sharply, according to US Census data. From 2016 to 2019, median household incomes jumped from $59,039 to $68,703, a 16 percent gain. That was good news for American families anyway you spin it. On the surface, it should ...
Managing Costs in Build-to-Rent
One of the biggest challenges for any real estate developer or home builder is managing costs. Land, materials, and labor can all fluctuate from a project’s inception to completion, which makes predicting final costs a bit of a moving target. If you are building houses to sell, most of these ...
In some of my past articles, I’ve talked at length about the Build-to-Rent Subdivision concept and the advantages to investors and builders alike. Like a lot of concepts, though, it’s easy to talk in broad strokes and leave out some important minutia that can make or break a deal. Recently, ...
3 Ways to Jumpstart Your REI Strategy
From my very first rental home purchase to my latest build-to-rent subdivision, I’ve always lived by an important axiom. The best way to make money is by using other people’s money. It’s also the first piece of advice I give to any small investor starting out in the real estate ...
Think Realty Podcast #162 – The Real Estate Ninja
What is the latest in the SFR space? If you haven’t heard of Build to Rent, it’s all the rage in REI. This episode dives in to BTR and why single-family rental investors should be focused on this trend. Plus, what is the difference between Build to Rent and Build ...
Tough news for first-time homebuyers: availability of affordable homes is declining. According to the National Association of Realtors, availability of homes under $200,000 declined by 19 percent year-over-year from January 2019 to January 2020. The average sale price of a home is nearing five times the income of the average ...
Prior to the COVID-19 crisis, household incomes were showing steady growth. From 2016 to 2018, for example, household incomes rose 2.2 percent, from $61,779 to $63,179. It was a positive sign that the economy was making good progress. Consumers still faced a challenge finding affordable housing, however. From June 2016 ...
Don’t Let “New Normal” Slow You Down
Turn on any newscast and one of the phrases you are likely to hear is the “New Normal.” There is an expectation that the COVID-19 crisis has permanently altered just about everything we know to be true and that we should accept our fate. I take a slightly different view, ...
Don’t Let “New Normal” Slow You Down
Turn on any newscast and one of the phrases you are likely to hear is the “New Normal.” There is an expectation that the COVID-19 crisis has permanently altered just about everything we know to be true and that we should accept our fate. I take a slightly different view, ...
The Good and the Bad for Single-Family Rentals Post-Pandemic
Prior to the COVID-19 crisis, the economy was cruising along on all cylinders. It was a good time to invest in Single Family Rental (SFR) homes as interest rates were low, homes were holding their value, and the cost of entry was relatively low. Of course, COVID-19 turned the world ...
Mitigate Risk with Build-for-Rent
In early April, I read a well-known real estate website and came across an article that discussed potential ramifications of the COVID-19 crisis on the real estate market. In one scenario, the article stated that potential listings will remain low, interest rates will remain low, and homes are likely to ...
Think Realty Podcast #123 – Bruce McNeilage with Kinloch Partners, LLC
Think Realty CEO Eddie Wilson talks with Bruce McNeilage of Kinloch Partners about a lesser-known gem in REI: Build to Rent. Learn how Build to Rent helps investors generate wealth by building new homes suitable for cash-flowing rental properties. Also learn how this model ties into current market circumstances – ...
Most real estate investors know two traditional paths to profitability: big, multifamily buildings with hundreds of units, or single-family homes used for rental income or as a flip. But a new trend in on the rise. Build-to-rent single-family-home neighborhoods is a viable investment option that is a hybrid of the ...
Construction Costs are Deciding Our Strategies
Today, I have one really big concern in real estate: the rising cost of construction. As a developer of single- and multifamily residential properties throughout the Southeast, the cost of creating new housing options is of primary concern. In fact, although I am still actively acquiring new land for these ...
Why We Will Live with Labor Shortages in 2018 and Beyond
Look at any major housing market in the country right now, and you will see signs of building. Inventory is short; the housing market is hot, and the cranes are all over the skyline. However, all too often, those cranes are not necessarily moving. In the wake of the housing ...
Nashville Housing Market offers Room to Grow
Nashville, Tennessee, is, quite simply, sitting in the catbird seat when it comes to real estate. The “Music City,” so named in 1950 by radio broadcaster David Cobb thanks to its longstanding position as the home of country music, is hitting all the right notes these days. Positioned in the ...
