In the
wake of the housing collapse of 2008, when millions of Americans lost their
homes, investors with suitcases full of cash showed up to snap up properties
at bargain prices. That began the metamorphosis of the American dream of
homeownership to one where many people prefer to rent but want a house with
the comforts of neighborhood-style living. Add to the situation advances in
AI technology that can manage thousands of homes at a fraction of the cost,
and you have a viable investment solution that satisfies today’s affordable
housing needs. In Build-to-Rent: The How-to Guide for the Institutional
Investor, Charles Kriegel shares insights on this new type of institutional
investment in real estate, dispelling much of the rhetoric surrounding an asset
class that is here to stay.