Unlocking Hidden Goldmines: Why Now Is the Perfect Time to Dive Headfirst Into Multifamily Investments (We’ve Already Started)
Dave:
Okay, cool.
Kathy:
But the nice thing about build to rent in that scenario is let’s say the market changes or the investors decide they want to sell, the plan is to sell in five to seven years, but the investors might want to keep it if it’s cashflowing so well, why sell it? But if we wanted to, we could sell off some units. The apartments obviously are great, but in a horizontal apartment, basically a build to rent community, there’s no rules around that. You could sell some off if you want, and have some retail homeowners in there or sell some units to investors or keep it so it’s new enough that it makes sense to me to keep it refi, get everybody’s money back, but we’ll see what the investors decide In five years.
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