Aug. 16, 2022
What is A Build-to-Rent Home: Everything You Need to Know
Renting is quickly becoming a much more popular option for people priced out of the current real estate market. Home prices are higher than ever, and the effects of inflation are felt in the housing market in the form of higher interest rates and low housing inventory.
With renting being the choice for potential home buyers in many different locations, investors are starting to shift to meet the demand for housing from those that can't afford to buy.
This is where build-to-rent homes (BTR) come into play. This relatively new type of housing is on the rise and is designed specifically for long-term renters who want the benefits of renting along with the perks of living in a single-family home or apartment.
This article discusses the basics of build-to-rent homes, their pros and cons, and whether or not you should invest in this potentially lucrative business model in the Silicon Valley area.
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