Built-for-Rent: Shifting Your Business to Accommodate this Hot Housing Trend

What It’s About

With home prices increasing nearly eight times faster than the national income, many Americans are finding that owning a home has either become too expensive or involves more commitment than they are ready for. This has placed an excessive burden on the home builder. Built-for-Rent (BFR) communities provide builders with another sales channel and an additional option in its pursuit of increasing the supply of entry-level homes in America. This session will address various issues confronting home builders getting into the space, including the evolution of deal structures and the risk involved, impact on surrounding home values, marketing and management of this unique property type (including 3rd party management options) and BFR as a hedge against future declines in the for-sale market.

What You’ll Learn

• Learn how BFR allows home builders to create more entry-level homes to meet demand, particularly for families making less than $100,000 annually.
• Understand how BFP provides another sales channel, allowing you to build more projects than you usually would and meet more consumers' housing needs.
• Gain insight into how the BFR model allows you to keep building even during market corrections.
• Explore the critical elements of leasing and managing BFR developments, including: marketing, tenant applications and screening, move-ins and move-outs, rental collection and maintenance.

How to Attend

Participants must be registered for an Expo + Education or Expo + 1-Day Education pass package valid for the day of the session they wish to attend. Seating for sessions will be on a first-come, first-served basis.