Renters Warehouse Announces Launch of New Platform: RW Select
Renters Warehouse, America's leading single-family investment services company, is pleased to announce the launch of RW Select, a platform for investors who are looking to invest in build-to-rent income properties.
EDEN PRAIRIE, Minn., Oct. 21, 2020 /PRNewswire-PRWeb/ -- Renters Warehouse, America's leading single-family investment services company, is pleased to announce the launch of RW Select, a platform for investors who are looking to invest in build-to-rent income properties.
This move will allow Renters Warehouse to provide a seamless solution for investors who prefer a hands-off approach when it comes to single-family rental (SFR) investing.
The opportunity to view and purchase low-maintenance, newly constructed rental properties, combined with Renters Warehouse's property management services promises investors a seamless investing experience. They will be able to easily view, purchase, and manage their investments; all from one portal.
Renters Warehouse has recently partnered with some of the top homebuilding companies in America. This move will allow Renters Warehouse to bring a selection of outstanding new investment homes directly to investors.
"At Renters Warehouse, we noticed that there was tremendous demand from investors for rental properties, and supply just wasn't keeping pace," said Kevin Ortner, CEO and President of Renters Warehouse. "This platform is designed to fill the gap, helping to get newly constructed properties direct from developers, into investors' hands. This platform, combined with the Renters Warehouse's property management services, means that income property investing will be truly hands-off for investors."
The RW Select platform will feature an interactive portal, where users can log on to save their favorite properties. Renderings, floorplans, and 3D tours will also be available.
All of the properties featured on RW Select are built by nationally renowned builders and include warranties. These homes require minimal maintenance and repairs, in contrast to most single-family rental homes. Traditionally, U.S. housing stock for single-family rentals has been older; the median age of occupied rental units in 2015 was 42 years. The typical renter-occupied single-family home is ten years older than their owner-occupied counterparts. (Harvard, 2017)
In addition to lower repairs and maintenance costs for investors, newly constructed properties are attractive to tenants as well. Additionally, with Renters Warehouse's property management services, investors won't need to worry about finding a qualified tenant, overseeing the property, and collecting the rent. Renters Warehouse's property management division has a long-standing track record of exceptional property management services and boasts an impressive list of offerings including fast tenant placement services, expert rent collection with a 1% delinquency rate, and hassle-free portfolio integration services.
RW Select is designed to make the process of investing in rental property seamless from start to finish, and fits seamlessly into Renters Warehouse's goal of making SFR investing easier and more accessible for investors.
"This service is designed to streamline the process for investors, and make single-family investing a truly stress-free experience. As SFR investing continues to grow in popularity with institutional and everyday investors alike, we're proud to be at the forefront of bringing forward innovative tools and services that will continue to make life easier for SFR investors."
About Renters Warehouse:
Renters Warehouse is America's leading single-family investment services company, providing a comprehensive list of tools and services for investors, including property management and portfolio services.
For more information about Renters Warehouse's portfolio services, visit: https://renterswarehouse.com/portfolio-services-for-investors
To learn more about Renters Warehouse Select visit:
Renters Warehouse has created a process that has helped over 50,000 investors across the U.S. Today, they currently manage over $3 billion in residential real estate –making them the largest real estate investment company in America.
About Kevin Ortner:
President and CEO of Renters Warehouse, Kevin Ortner joined the company back in 2009 when he opened the first Renters Warehouse franchise in Phoenix. In 2015, Kevin went on to take the reins of the company, helping see it through monumental growth nationwide and a majority share of private equity investment. Kevin is a two-time honoree of the American Stevie Business Awards, Executive of the Year award (2015 and 2016) and received an International Stevie Business Award for his achievements as CEO. His leadership has helped the company become a seven-time honoree of the prestigious Inc. 500|5000 list of fastest-growing privately held companies in America.
Resources:
https://www.jchs.harvard.edu/sites/default/files/03_harvard_jchs_americas_rental_housing_2017.pdf
SOURCE Renters Warehouse
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