Currently Reading

Single-Family Rental Market Bullish, Helped by Online Platforms

Advertisement

Single-Family Rental Market Bullish, Helped by Online Platforms


July 18, 2018
Keyboard, smartphone on desk
Photo: Unsplash/Alexandru Acea

Investing in single-family rental properties has become a lot easier with the advent of online platforms speeding up the process, and expanding the market. 

OwnAmerica, Roofstock, Entera, and HomeUnion are a few single-family rental platforms offering equity and passive income to investors, and making this real estate sector less local. John Burns Real Estate Consulting's director of research Rick Palacios explains, "back in the day, you really had to buckle up your boots and do a lot of heavy lifting," to invest in an SFR, "Now, anybody with some money can do it through these platforms.” Writes Jeff Andrews for Curbed, the mass influx of companies targeting "mom and pop investors underscores what’s become a brave new world for the SFR industry since the housing bust in 2008," adding, "Technology and data allow companies to have a footprint in every market in America."

Roofstock CEO Gary Beasley was browsing through his company’s website while on a flight to New York when his neighbor leaned over and asked what he was looking at. Beasley explained that Roofstock is an online investment platform for buying and selling single-family rental properties. After getting an impromptu demo, Beasley’s neighbor registered on the site and took a rental unit off the market before their plane even landed. Flight attendants brought them champagne to celebrate the deal. “He was blown away,” Beasley said of his neighbor.

Read more

Tags

Related Stories

Trends

What Could Happen to California Housing After the Pandemic?

After wide spread vaccinations and herd immunity take hold, then what? 

Market Data + Trends

Pandemic Spurs Acceleration in Multigenerational Living Trends

Once the pandemic reared its ugly head, some families who were in the midst of planning housing for their aging relatives had to reevaluate. With…

Demographics

Millennials Lead in Home Service Projects and Spending

Being cooped up at home pushed Americans to spend more on home improvement projects this year instead of entertainment or travel. The National…

Advertisement
Advertisement

More in Category




Advertisement
Advertisement

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.