Many home builders who traditionally build single family homes are turning to new avenues as the market for rental properties heats up. In our new economic situation, more and more families cannot afford to rent or buy a single family home. These families are looking for decent apartments, condos or other rental properties for their families.

Recognizing the need for more apartments and multi-family dwelling units, traditional home builders are taking a bite out of this developing industry. Since the rental industry started to rise in 2005, experts predicted a shortage of properties. As the demand for rental units rose with each month of the recession, rental prices soared to new highs and finding an open unit was almost impossible.

Now, there are thousands of projects all over the country to build more multi-unit homes for those in need of affordable housing options. The increased need for rental units has also created an increased need for quality Property Management.