We decided to join the corporate family of offices to take advantage of the large rental market and growth potential in the Las Vegas area.
LAS VEGAS, NV (PRWEB) July 14, 2016
Renters Warehouse is pleased to announce that its Las Vegas franchise has joined the corporate family. The switch to the corporate model became official on July 11.
Renters Warehouse is one of the largest and most awarded residential property management companies in the U.S., managing more than 15,000 homes for over 12,000 investors across the country, and about $3 billion worth of residential real estate.
Husband and wife team of Mike Ankoviak and Patti Horita, co-general managers of Renters Warehouse Las Vegas, are excited for what the switch to the corporate model means for their already successful franchise.
“We decided to join the corporate family of offices to take advantage of the large rental market and growth potential in the Las Vegas area,” says Mike. “As a corporate location, we'll have access to more resources and be able to serve a much larger customer base by centralizing functions, allowing us to grow the company faster. We're excited to have the Renters Warehouse name become as widely known here as it is in Minneapolis, Phoenix and the other top markets.”
Mike and Patti moved from Minnesota to Las Vegas late in 2014, getting married the very day they moved. Their Las Vegas franchise opened in March 2015 and placed its first tenant in June 2015.
Las Vegas has an active rental market and the local Renters Warehouse office now has 60 homes under management.
“We’re anticipating that number to double or triple by year’s end,” says Patti. “The market here has loads of potential.”
A recent Associated Press story points out that nearly half of Las Vegas now rents, compared with less than 40 per cent a decade ago. An analysis by online housing marketplace BuildZoom says the average first-time buyer in the U.S. makes $84,559, much more than the average household income of $75,037, making renting a great option for many Americans.
Renters Warehouse also recently opened its Tampa Bay/St. Petersburg/Sarasota, Florida corporate office. The corporate openings, on opposite ends of the country, are just two examples of the incredible growth being experienced by Renters Warehouse. In 2015, the company virtually doubled its national footprint, proudly operating 28 offices (now 33) in 17 states, an increase from 15 offices in 9 states at the end of 2014.
The management team at Renters Warehouse were recently named Silver Stevie® Award winners in the category Executive of the Year and Management Team of the Year in the 14th Annual American Business Awards.
Renters Warehouse exists to help homeowners to discover wealth and financial freedom through Rent Estate™. To learn more about Renters Warehouse or to find out how much your home will rent for, visit http://www.renterswarehouse.com today!
About Renters Warehouse
Renters Warehouse is one of the fastest-growing and highest-reviewed residential property management companies in America, and the largest in Minnesota. Under the leadership of President and CEO Kevin Ortner, Renters Warehouse now manages more than $3 billion in residential real estate, servicing 12,000+ investors across 15,000+ residential homes in 17 states. The company expertly serves everyday single-property homeowners as well as real estate investors. Through their dedicated Portfolio Services Division, Renters Warehouse brings professional, scalable and efficient single property management solutions to investment portfolios with both centralized services and local market expertise and staff. In 2015, the company officially trademarked the term Rent Estate™ to redefine the entire SFR (Single Family Rental) industry as more traditional real estate gives way to this new lucrative asset. Not only has Renters Warehouse received the prestigious honor of being included on the Inc. 500 | 5000 list of fastest-growing privately held companies in America six consecutive years in a row, this Great Rated company was also named one of the “Best Places to Work” in Minnesota (where they are headquartered) by the Minneapolis St. Paul Business Journal in 2010, 2011, 2012, 2014, 2015 and 2016, and by the Phoenix Business Journal in 2013 and 2014 (first franchise location). Renters Warehouse Arizona also achieved a spot on the prestigious 2016 Top Companies to Work for in AZ list. Nationwide, Renters Warehouse has been honored as one of America's "Best Places to Work" in 2012, 2014, 2015 and 2016 by Outside Magazine. Recognized as pioneers in real estate, business management and innovation, Renters Warehouse has been honored with 18 Business Stevie Awards both internationally and stateside.