"Real-estate investors have a mountain of money looking for a home. Lately a lot of it is ending up in suburban single-family houses."
Invitation Homes, one of the largest single-family home rental companies, just received another $1 billion of funding in order to add more rental houses to its 80,000-home portfolio. American Homes 4 Rent and Tricon Residential are aggressively buying as well. Links to a couple of articles on the subject are posted below.
Huge investment funds would be happy to take over your neighborhood. Homeowners' associations need to be aggressive in adding and enforcing rental restrictions, especially those in the $150,000 to $300,000 price range, or they will find themselves quickly turning into rental communities.
Contact us if you'd like help protecting your HOA.
https://www.wsj.com/articles/invitation-rockpoint-forge-1-billion-rental-home-venture-11602067500
https://www.theatlantic.com/technology/archive/2019/02/single-family-landlords-wall-street/582394/
