Build-For-Rent market explodes as it upgrades the experience by developing homes. This business continues to grow fast, and many investors are starting to realize the opportunities from it. In this type of real estate asset class, it’s important to be equipped with a good business strategy to make more educated decisions. In this episode,  Adam Stern talks about how he successfully operates Build-For-Rent portfolios. He also highlights the things that people should know when looking to invest in this real estate asset.

What You’ll Learn From This Episode:

• Adam’s Background and His Real Estate Investing Career
• Building Single-Family Rental (SFR) Portfolio and Build-For-Rent
• First Steps Needed to Take When Utilizing SFRs and Build-For-Rent
• Importance Understanding land Development and Construction 
• Timeline for Build-For-Rent Before it Gets Rented Out
• What is Entitled Land
• Things to Consider When Looking for an Area to Implement Build For Rent Strategy
• Impacts of Covid to Construction and Projects of SFRs and Build-For-Rent
• Things to Look for When Investing in Build-For-Rent Markets in Terms of Risk Tolerance
• Understanding the Power of Compounding Effect
• Building Your Confidence for a Successful Investing
• Talking to Other People to Get Their Perspectives and Point of View

Guest Bio

Adam Stern has spent the last 10 years in the institutional SFR industry having co-founded a real estate technology and brokerage company in early 2010 which he sold in 2018.  He spent years brokering large and medium sized SFR portfolios for many large SFR REITs as well as mid-sized SFR investment firms. Later he founded Strata SFR focusing on the new construction, Build for Rent market where he sources opportunities by coordinating transactions for SFR REITS, Private Equity Firms and Multi Family Investors by coordinating projects with land owners, developers and builders to create single site detached Single Family and townhome communities.

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