Build to rent is a real estate sector that refers to residential properties that are rented out through managed platforms. These platforms provide an array of benefits, such as simplified property management, rapid tenant turnover, and increased revenue potential.
As the popularity of BTR continues to grow, there are several reasons why you might want to consider investing in BTR property:
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1. Rapid tenant turnover: One of the main benefits of using a BTR platform is the quick turnover of tenants. Because these properties are rented out through managed platforms, landlords can quickly and easily find new tenants who need or want apartments in their vicinity.
2. Increased revenue potential: Another reason why BTR properties have become increasingly popular is that they offer landlords a higher revenue potential than traditional rental properties.
3. Simplified property management: another major benefit of using a BTR platform is that it makes property management much simpler than owning an individual rental property.
There are many different types of investments available in the build-to-rent market:
The first type of investment in the Build To Rent market is rental properties themselves. This includes both newly constructed properties as well as existing rentals that are being re-tenanted.
The second type of investment is the funding that is used to buy rental properties. This can come in the form of traditional loans, angel investors, or venture capitalists.
The third type of investment is the rental management company or property management firm. These companies manage the day-to-day operations of a property and make sure it is running smoothly.
The fourth type of investment is the construction company that is hired to build new rental properties. These companies must have a strong track record with regard to completing projects on time and under budget.