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Buy-to-Rent: Business Model or Quick Profit Plan?
Friday, January 29, 2016
Are the big companies who have purchased large number of
single-family homes over the last few years looking for a quick profit or are
they in the buy-to-rent business for the long haul? Freddie Mac, in its latest issue of Insight & Outlook says there are going indications it
might be the latter.
Landlording single family detached houses is generally
assumed to be a sideline. A 1996 survey
found that three quarters of such dwelling units were held by individuals or
partnerships which owned fewer than 10 units and others have estimated that
about half are the only rentals held by their owners.
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