The New York Times’ Lisa Prevost discusses the growing trend of single family rental property investment through fully managed solutions like HomeUnion, which provides investors with a steady monthly cash flow return by assisting clients in purchasing fully managed homes across 15 markets in the US. Prevost also details other solutions that make money investors money by flipping foreclosed properties.
The single family rental properties segment has been one of the quickest growing segments of rental properties in the U.S. Between 2005 and 2010, this segment expanded to 33.5 percent of all rentals. As wage growth is still slow, and debt is still high, many more families are choosing to rent rather than buy their first home.
For more information on the services provided by HomeUnion, continue reading at The New York Times.