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Updated 12 months ago,
Build To Rent Concept Thoughts?
Anyone have an opinions on these build to rent concept companies. In my area there's a company that offers this but has a sister property management company so once the home is built the property management is already set up as well. Since it's all one company pretty much it seems like it should work efficiently compared to an owner trying to do this all themselves. Website mentions that once the construction team notifies the management team it's almost completed they can start the advertising process. "The rental rate will never be less than what your sales contact communicated to you before your purchase" this seems like a difficult promise to keep. To me this seems like someone out of state or even local investors or beginners would look for since it's more "convenient" and would make it more difficult for other management companies to get new construction properties but then again I'm not sure how good the builder or management company is. Would love to hear others thoughts on this.