4 Reasons to Start a Rental Division

Emily Williams
Published: 01/22/2012
Posted by: RET Staff

We’ve been wowed by whitepapers from RentJuice before. Well, they’re back at again with an exceptional whitepaper entitled “Everything You Need to Start a Successful Rental Division.” You can download the whitepaper at RentJuice.com.

Without further ado, let’s look at the reasons to start a rental division.

1) The economy calls for it. The disastrous state of the housing market has changed the real estate profession. One of the changes is that rentals are in demand. The RentJuice whitepaper points out that:

• Rental vacancies are at an all-time low.

• A Barron’s report predicts an additional 10 million people to move into rentals in the next five years.

• The increase of renters deferring home purchases and the increase of homeowners switching back to renting is also influencing this shift.