Why Should You Listen to Me?
Hello, I am Eric Fernwood. I am not another armchair “guru,” I have the results to backup my statements.
- I started the Fernwood Team in 2005. I used my background as an engineer to create a straightforward, process-driven method to choose and analyze investment properties. I based my approach on methods that were already successful in commercial real estate.
- Our team has successfully delivered more than 560 properties to 170+ clients worldwide.
- More than 90% of clients buy more than one property, and over 80% buy more than two.
- Our average tenant stays for over five years.
- We have had seven evictions in the last +17 years (over 1,000 tenants).
- 2008 crash - Zero decline in rent and zero vacancies.
- COVID - Almost no impact
- Eviction moratorium - Almost no impact
- From 2013 through 2023, the annual appreciation and rent growth rates were over 10% and 8%, respectively.