Are Institutions Crowding Individual Investors Out of the Market?

Seeing both the high cost of property and all the institutional capital pouring into markets across the country causes many individual investors to worry about being pushed out of the market by the "big guys". In this episode, we address this concern by looking at the pros and cons of institutional activity in the real estate market. --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Tom: Greetings, and welcome to The Remote Real Estate Investor. On this episode, I'm going to be joined by   Emil: Emil Shour   Michael: And Michael album.   Tom: And today we're going to be talking about a trend over the last couple of years where a lot of money is flowing into the space specifically of single family rental investing specifically from about from larger institutions. So today we're going to riff give our opinions on what's good about it, what's bad about it, what are some advantages that they have, versus us as individual investors, and so on. So Alright, let's go ahead and jump into it.   Awesome. So before we get into the topic of hand of discussing institutional capital coming into the space, I feel like it's been a while since we've checked in with each other on what is going on with our own portfolio and all of that good stuff. So Michael, I see you nodding your head on the video screen. So I'll let you, that is your trigger for you to go first, what's what's going on. I'm Michael album, portfolio life world,   Michael: Right on, so a lot of different moving parts. So in the in contract to sell a 12 unit mixed unit property that I own with a partner, we were planning on keeping it as a long term buy and hold, but the market went crazy. And it's kind of a headache property anyhow, so we just said, oh, let's sell it. So we're making a decent profit on that and we're 1031ing it and I'm buying I have a contract, I have a property under contract out towards the east coast further east that I've invested before for a short term rental, and then I have some additional capital that I need to place as part of that 1031 as well. And then I'm also in the midst of two flips and so I have one actually under contract for sale   Tom: Where you think of a parking that the the 1031 proceeds,   Michael: Some of its going to be out in Tennessee, and then for that short term rental, and then I've got to find I gotta find some some place for the rest of it. So if anybody has any great suggestions, I think there's about $100,000 that needs to get placed.   Tom: Nice more multifamily mixed use stuff.   Michael: I'm not sure I think for that piece of it I'll probably just do a single family just go buy a single family all cash somewhere. That's the plan as of now and then I've got two flips underway or the construction is completed so I have one that's actually being sold on roofs currently it's under contract and then I have another one that is should be getting a lease signed any day now and that'll be sold through stock as well with a tenant in place.   Tom: Awesome.   Michael: So all kinds of moving parts.   Tom: Nice Emil and yourself.   Emil: So I don't remember my last update but I think I was talking about the the triplex we had the one bed one bath and getting ready to be renovated or just repaired, renovate whatever you want to call it. So we finished that ended up you know, there was a bunch of the tenant before was a smoker so we had to like do a couple coats of paint and a lot of patching to be done. We ended up replacing the kitchen cabinets and a bunch of loose ends here and there on the inside a