Build-to-rent homes are residential properties that are built specifically for the purpose of utilizing them as residential rental property investments. While first starting in the 1980s, build-to-rent homes have gained in popularity over the past few years. Building ground up, rather than converting existing properties into rentals, has allowed larger institutional investors to scale their rental portfolio quickly and predictably. Rather than buying and rehabbing one property at a time, these investors can build entire communities and grow exponentially. Landmark Property Management is honored to have been a part of Redfin’s latest blog on build-to-rent homes. If you’re in the residential investment property space, Redfin’s article titled “Build-To-Rent Homes: What You Need to Know About the Future of Single-Family Rentals” is a must read! Click the link below to learn more about what build-to-rent homes are, the history behind them, and why they’re becoming so popular.
If you’re interested in purchasing a build-to-rent property or have any questions at all, consider us at Landmark Property Management, a resource - we’d love to help! Don’t hesitate to reach out via our website: www.ChicagosPropertyManagement.com or give us a call.