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Hi all,
Back in the 70’s, a mentor of mine and many on this forum and others, Jack Miller said, and I’m paraphrasing, ‘single family homes make good rental investments’. Jackie has provided a link: https://www.cashflowdepot.com/you-cant-build-a-pyramid-from-the-top-down/
Now Freddie Mac has released the numbers to back it up: https://themortgageleader.com/single-family-housing-largest-source-of-rentals-in-u-s/
Not too surprisingly, the National Association of Realtors Commercial Division didn’t get it then.
Seems Jack was ahead of his time…
I sure miss him,
Mike Weiss
PS – Jackie – I can’t seem to find my copy of “Horizontal Apartments” by Jack Miller. Can you point me in the right direction? And thanks for keeping these big thinkers front and center.
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