The median home today costs $200,000, with new construction averaging $248,000. A downpayment, stricter financing requirements and rising interest rates put this amount well beyond the reach of most new households. These facts explain the explosive growth of single-family rentals, which account for over 13% of housing units in the US today.
What is the best – and quickest – way to create affordable housing? This is the existential crisis facing new households today. We’ve found renovating old houses in disrepair to “like new” is the most efficient way to bring affordable rentals to market. It is environmentally friendly too. We use local labor and a fraction of the materials used in new construction. We reuse existing infrastructure instead of building new roads to new developments requiring longer commutes. Our technology & scale enables significant efficiencies across acquisition, renovation & property management.
Our mission? Creating thousands of affordable homes for rent every year.
Affordable housing for America
How We Reno
Local crews, local markets, hundreds of houses a month