Dear Clients and Investors,

Patch of Land, Inc and its team was acquired in July of 2021. As part of our continuing efforts to wind down legacy operations, we have discontinued the legacy online portal as of August 15th, 2023

If you require legacy records or have any questions regarding past investment projects, please contact us at this address: [email protected]. Tax statements will still be timely delivered to the client addresses we have on file.

The Patch of Land Blog

Learn about all the latest happenings.

A Solution For Fix-and-Flip Investors Facing Today's Tightening Housing Supply

Patch of Land's CMO, Robert Greenberg, is a member of the Forbes Real Estate Council and recently shared his thoughts on new development opportunities for Fix and Flip investors. With a tightening housing supply, and increased demand, what are investors to do? See what Robert has to say on why real estate investors are starting to look at new construction as an alternative to renovating properties. Below is an excerpt from the piece, but read the complete article in Forbes.com!   


"My company works with fix-and-flip investors every day, and one of the most common challenges we hear from borrowers is the difficulty in finding viable investment properties to purchase. As Reuters reported in early 2018, housing inventory across the U.S. fell for 31 straight months through the close of 2017. And recent forecasts suggest homebuyers will continue to face a tight housing supply throughout the rest of 2018

 

So, what’s an investor to do? How can you find investment properties in a housing market with limited inventory — where you’re competing not only with buyers looking for a primary residence, but also with other real estate investors? A statistic in that same Reuters report offers a clue to one possible strategy: In December 2017, permits approved for new construction of single-family homes reached their highest level in a decade."


 Click here to continue reading. 



If you want to learn more, take a look at some of the most commonly asked questions we receive about real estate crowdfunding on a daily basis and find out why so many people are crowdfunding real estate projects across the country with Patch of Land.
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