4 Essential Loan Covenants Every Real Estate Investor Must Grasp
We're going to talk about financial modeling in one specific asset class called Build to Rent. This build to rent phenomena is really swept the country in the last couple of years. Post pandemic. We still see some activity. As a matter of fact, our company has several build to rent communities that we're designing. I've got one that I want to show you that I particularly looked at recently. I did some modeling on it financially to see if it would pass the mustard for something that we would be interested in. I'm going to talk to you a little bit about some definitions of it, give you some news articles that are current. Then I'm going to jump into Perform a Plus, which is a groundbreaking software which is specifically for the real estate industry that does financial modeling efficiently and very quick. But first, let me give you some background via some articles that we've uncovered recently that gives you an example of what really Build to Rent is all about. So as you can see from the article from Property Shark, build to rent homes are created specifically to be professionally managed communities, often providing residential experience with upscale amenities, much like a typical apartment complex that is targeted at young professionals in urban areas. Gen Z and millennials who prefer to rent rather than owning big assets. So let's talk about this small project that I was just evaluating. Basically, we've got eight lots, anywhere from 75 to $85,000 apiece in a gated community in Central Texas.
