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Updated about 2 years ago, 11/29/2022

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2,138
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Peter Mckernan
Agent
Pro Member
#2 Rehabbing & House Flipping Contributor
  • Residential Real Estate Agent
  • Irvine, CA
1,042
Votes |
2,138
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JPMorgan is about to spend $1 billion, hundreds of homes to rent

Peter Mckernan
Agent
Pro Member
#2 Rehabbing & House Flipping Contributor
  • Residential Real Estate Agent
  • Irvine, CA
Posted

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
business profile image
The McKernan Group
5.0 stars
32 Reviews

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