"With over one million SFR properties coming into the fold every year, there’s no better time to be the owner of one and discover the benefits of SFR investing," Renters Warehouse CEO Kevin Ortner
Eden Prairie, MN (PRWEB) June 20, 2017
Renters Warehouse, one of America’s largest property management companies and leaders in SFR investing, announced today that it is a primary sponsor of the first of its kind, Iceberg Report. Released on June 13th, 2017, the Iceberg Report is the first in-depth report of the single-family real estate investor created in partnership with 2020 REI.
Currently, there are 67 million people living in single-family rentals in the United States with over one million more properties added each year. As a result of these numbers and such significant growth, single-family rentals have not only become a new form of wealth creation for Americans, they’ve also become the New American Dream and road to retirement. It’s a concept Renters Warehouse has done an incredible job of educating people of all ages on with its trademarked term Rent Estate™ or real estate for the rest of us, and most recently, with its first book, Rent Estate™ Revolution.
“Too often people think of real estate investments as out of reach and only for the wealthy,” shared Renters Warehouse CEO, Kevin Ortner. “It’s simply not true and with over one million SFR properties coming into the fold every year, there’s no better time to be the owner of one and discover the benefits of SFR investing. There’s no other investment out there like it.”
The Iceberg Report was created to help investors become further recognized as key players and contributors to the American economic well-being, while helping those same investors understand where they fit in the industry. While the vast size of the SFR market has been well documented in the past, the Iceberg Report explores areas of the industry, not yet uncovered. It removes stigmas and dated views on SFR investors as slumlords, tenants as victims, and bad rentals destroying good neighborhoods, that couldn’t be further from the truth. It’s shedding light on the new, wise, and educated SFR investor whose number one priority is happy tenants and well-maintained, appreciating properties that align with good business practices and positive neighborhood growth and community.
“While the SFR industry has existed for decades, its recent growth has garnered the attention of many investors, lenders and service providers, which has brought many new modern day technologies and service solutions to the space,” shared Renters Warehouse’s Chief Investment Officer & President of Portfolio Services, Anthony Cazazian. “Renters Warehouse has contributed to this change by creating a national platform with corporate owned offices, centralized back-office operations, and local teams in every market it operates. This unique platform provides investors with standardized services and institutional level reporting in an industry that remains extremely fragmented and has historically had a lack of consistent service levels.”
Created in collaboration with Real Trends, NEXZUS Publishing Group, the Harris Poll, and 2020 REI, the Iceberg Report was designed to show the true nature of the single-family REI industry as it exists today. It examines behavior amongst various investor segments and analyzes fiscal impact and influence on the US economy. With the help of the Harris Poll, the Iceberg Report dives deep into the psyche of single-family investors nationwide, to understand why and what they invest in. It explores how and where they buy, and looks at the decision making processes involved.
To download your free copy of the Iceberg Report Executive summary, visit http://icebergreport.com/.
Renters Warehouse exists to help homeowners and investors create wealth and financial freedom through Rent Estate™. To learn more about Rent Estate, visit http://www.rentestaterevolution.com and order your copy of Rent Estate™ Revolution, Renters Warehouse’s cornerstone book for the masses authored by Kevin Ortner and with foreword Dr. Arthur B. Laffer, Phd., Economic Policy Advisor to President Ronald Reagan.
About Renters Warehouse
Renters Warehouse is one of the fastest growing and highest reviewed residential property management companies in America. Backed by growth equity investor and majority stakeholder Northern Pacific Group, and under the leadership of President and CEO Kevin Ortner, Renters Warehouse now manages more than $3 billion in residential real estate, servicing 13,000+ investors across 19,000+ residential homes over 42 markets and 25 states. NPG Managing Partner Scott Honour, who in 1999 was a founder of YapStone, a leading online rental property payment service provider, serves as Chairman.
Renters Warehouse expertly serves everyday single-property homeowners as well as real estate investors. 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. Through their dedicated Portfolio Services Division led by Chief Investment Officer Anthony Cazazian, the company also brings professional, scalable and efficient single property management solutions to investment portfolios with both centralized services and local market expertise and staff. 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 seven consecutive years in a row, it 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. The company was also honored as a best place to work in Arizona (a centralized corporate services center) by the Phoenix Business Journal in 2013 and 2014, and 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 awarded 22 Business Stevie Awards both internationally and stateside.
In 2017, Renters Warehouse received an “A” rating from the Better Business Bureau (BBB) after meeting the BBB’s eight Standards of Trust and earning BBB Accreditation. In 2016, Morningstar Credit Ratings, LLC, a nationally recognized statistical rating organization (NRSRO) offering a wide array of services including operational risk assessments, assigned its MOR RV2 residential-vendor ranking to Renters Warehouse as a residential property manager, indicating that the company demonstrates proficiency in managing key areas of operational risk.
In 2017, Renters Warehouse published its first book - Rent Estate™ Revolution. Authored by CEO Kevin Ortner, the book shares the Renters Warehouse philosophy and business expertise around single-family rentals and the power of Rent Estate to drive long-term wealth creation, retirement security and financial freedom for the everyday person. Sign up for updates now at: http://www.rentestaterevolution.com.
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