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Updated about 2 years ago, 11/29/2022
Peter MckernanPoster
#2 Rehabbing & House Flipping Contributor
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- Irvine, CA
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JPMorgan is about to spend $1 billion, hundreds of homes to rent
What is everyone's thoughts on this? We are turning to a renter nation, and big companies are still jumping on board in different times.. The market has changed and even with the change, a company like Chase is saying let's get more properties to rent them out and make cashflow for business. The is something a lot of people talk about in bigger companies and across the US on where the whole nation will be with renter/verse homeowner.
This article talks about 250 homes around Atlanta in the first 90 days of this joint venture, and it would be a build-to-rent.. They are not the first ones of course, but another large business at the same model.
https://www.businessinsider.co...- Peter Mckernan
The McKernan Group
32 Reviews
5.0 stars