258: Single-Family Rental Property Today

Single-family rentals have 16 advantages over apartments: 

Tenant quality, appreciation, neighborhood, school district, retention, no common areas, utilities, divisibility, fire, disturbances, financing terms, vacancy rate, management, supply & demand, risk, exit strategy.  

There’s nothing wrong with apartment investing. They have their own advantages.

Noel Christopher, Senior VP of Portfolio Services at Renters Warehouse, joins Keith to discuss today’s single-family rental (SFR) market. 

Renters Warehouse manages 22,000+ homes in 25 states. They could be a good backup property manager for you. See their marketplace too. 

The midsize investor (owns 25 – 2,000 rental units) is becoming more involved in buying SFRs.

Many say “mom-and-pop” landlords are competing with first-time homebuyers for single-families. Noel disagrees.

Long-distance investing is more common today.

Demographics of SFR tenants – both Baby Boomers and Millennials. 

Also discussed: beginner tips, build-to-rent communities.

Keith brings you today’s show from Anchorage, AK. 

Next week: Canton, OH. 

The following week: Philadelphia, PA. 

The week after: St. Petersburg, FL. 

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