Time to Invest in Single Family Rentals?
According to the National Rental Home Council (NRHC), the single-family rental market has grown 30 percent since 2007, compared with 15 percent for multifamily rentals during that same period. The single-family industry is still in its nascent stages and most investors hold purchases of fewer than ten units. Institutional ownership remains a very small part of the overall market — just 200,000 homes, or 0.2 percent of the more than 90 million single-family units in the U.S. [†]
If you're considering investing in one or more single family homes to rent across southeastern Pennsylvania or south central New Jersey, Let's talk. Call the John McClintock Team at 267‑759‑9518.
† Source: Norada Real Estate Investments
The John McClintock Team is licensed in both Pennsylvania and New Jersey. Are you considering selling and/or purchasing a home in Bucks, Montgomery, Delaware, Mercer, Burlington or Philadelphia? More than ever, you need expert, professional representation. Before you consider making a move, call The John McClintock Team at 267‑759‑9518 for no obligation recommendations on dealing with bids, realistic prices and precise timing to suit your needs.