Noel Christopher, National Business Development Lead with Renters Warehouse [1], recently conducted a webinar [2] for members of Five Star’s Single-Family Rental Association [3] (SFRA).
Points discussed in the webinar included the following:
- Renters Warehouse new portfolio services division
- Mindset has shifted to a sharing economy
- Two kinds of landlords
- Accidental
- Investment
- Working to turn accidental into investor
- 2015- renters rose by 2 million, homeowners decreased by 400,000
- Smaller investors can compete on lower price points
- Common misconception: homes must be vacant to sell
- There is no need to vacate if selling as an investment property
- Home prices are still rising
- Leads to more renters
- Rentals are a very stable long-term investment
- Renters Warehouse works with realtors with referral program
- Currently in 34 markets, adding 20 next year
- Convenient rent vs sell tool on homepage
Renters Warehouse is a single-family residential property management company based in Minnesota that manages more than $3 billion in residential real estate and services more than 12,000 investors across more than 16,000 homes in 17 states.
Click here to view the webinar [2].
Five Star Institute’s Second Annual Single-Family Rental Summit will be November 1 through 3 in Frisco, Texas. Click here to register [4].