The new wave of real estate investors are individual landlords and retail investors who buy a smaller portfolio of properties. They differ from institutional level investors who buy up shares in the hundreds and thousands of homes purchased and managed by REITs. Properties are chosen individually, and tenants who rent the properties are not dealing with nameless corporate landlord.
HomeUnion is one such company that helps investors purchase homes across 15 locations across the US. The company facilitates the sale, manages the remote property, and assists in selling when the investor wants to cash out. Clients make 5%-9% cash on cash returns, and more when they use a mortgage.