Field notes for real-estate investors.
Deep dives on data, markets, and the craft of finding deals most people miss. Published daily.
Category: investor-strategies · clear
America Has 7.2 Million Too Few Affordable Rentals. Here's the Investor Playbook.
The White House put the national housing shortfall at 10 million homes in April 2026. Inside that headline is a more specific — and more investable — gap: 7.2 million affordable rental units missing for America's lowest-income renters. This piece maps three concrete entry points — Class B/C multifamily, Section 8 voucher tenants, and LIHTC syndications — with current cap rate data, Midwest market targets, and five PropGPT prompts for finding, underwriting, and closing workforce housing deals before the competition catches up.
Tariffs Just Added $9,200 to Every New Home Build. Here's How Flippers and BRRRR Investors Need to Recalculate.
As of April 2026, tariffs have added an estimated $9,200 to the average cost of constructing a new single-family home, per NAHB. For flippers and BRRRR investors, that means lumber up 25%, drywall up 25%, and kitchen appliances up 20% — all quietly eroding MAO and refinance math. This piece breaks down the specific line-item impacts, shows the new numbers on a $250K ARV flip, and gives you five PropGPT prompts to recalibrate any deal in your pipeline.