Over the past eight years, 8.9 million households have formed in the U.S., an average of 1.1 million per year. With this in mind, the number of people in the prime renter-age is expected to continue growing over the next few years.
Here’s the “Amazon Effect” for you: Before the online retail giant announced its Long Island City HQ2 location, the luxury Skyline Tower condominium in Queens had just one sales inquiry. Since November, New York brokerage firm Modern Spaces has seen sales inquiries jump from none to almost 900—more units than the building even houses.
DJ has been a serial entrepreneur for over 20 years, founding multiple companies in the software and media industries. He began real estate investing in 2016 and loved it so much that in 2017 he decided to focus on it full time.