Since the start of the pandemic and the possibility of working remotely – and the need for more space – landlords in the suburbs have seen record occupancy rates. Expecting this trend to continue for the foreseeable future many investors are funding build-to-rent homes.
As the demand increases, many traditional home builders are partnering with investors to build these rental homes. It is estimated that anywhere between 5 and 10 percent of new homes currently being built are for the rental market.