Nov 17, 2017
The rate of acquisitions by the large investors in the single-family rental market has declined in 2017. Instead, small and mid-sized companies have become the leading buyers of single-family houses for rent. As home prices rise, these smaller companies have been willing to buy properties in secondary and tertiary markets. They have even entered some prime markets, in spite of the fact that rising home prices may be cutting into investment yields in these areas. Joining the podcast to discuss turnkey single-family rental is RJ Palano. RJ is the director of “Buy Cash Flow Properties”, a Tampa based company that provides turnkey houses for investors. Since 2012, “Buy Cash Flow Properties” has acquired and sold over 800 houses to international and U.S. based investors and has also provided over 73 houses to hedge funds for their rental portfolios.