Billion-dollar club: Rent companies form massive trade group ( 920 billion)

[dixiegrrrrl]

Colony, Invitation Homes, American Homes 4 Rent, Starwood Waypoint join forces

The National Rental Home Council is a new trade group created by major owner-operators in the single-family rental home industry, focusing on increasing education about the professionally managed single-family rental industry.

http://www.housingwire.com/keywords/13855-invitation-homes

the REO-to-Rental secularization marketplace is nearing $920 billion in potential opportunities.

http://www.housingwire.com/articles/27772-single-family-rental-securitization-market-boasts-trillion-dollar-potential

This is just getting off the ground.
Business groups are being formed to buy up and rent out single family homes ( and apts), then selling the rental income as securities ( securitization)
exactly as they did with mortgages.
and the banks will be in the picture, as they turn these business ideas into IPOs, and later sell the bonds from the rental securitizations.

Chances are good that YOUR foreclosed house now will have a new life as a profit making rental for the banksters.

[upaloopa]

1. Takes money to make money.

Instead of passing jobs bills we force people out of their homes so wealthy folks came make more money off the misery
.

[Demo_Chris]

2. Yep. nt

[pipoman]

3. Being a profitable landlord

Isn't that easy. ...being an absentee landlord is even more tasking. ..

[dixiegrrrrl]

4. I have a feeling these companies can be very intimidating.

They write all the rules to benefit them.