Kinloch Partners completes rental subdivision
October 12, 2018
Kinloch Partners has completed Fairview Station a subdivision made up completely of high end rental houses. “This is the first of its kind in Williamson County and hopefully not the last” said Bruce McNeilage president of Kinloch Partners. “People moving here that can’t find affordable housing can rent our houses and when they are ready to buy we will sell the houses to them”.
McNeilage, through Kinloch Partners owns brand new rental houses in five states. “It’s my job to bring affordable housing to the people”. It’s what my partner and I do, it is why we go to work each day”.
Without a Full Understanding of Homeownership Costs, Residents Cannot Make Good Financial Decisions.
If your analysis still prizes these three metrics above all else, prepare to be outmaneuvered.
Renting a brand new house offers several advantages, including minimal maintenance, modern amenities, and the potential for higher rental rates, while also avoiding the upfront costs and responsibilities of homeownership.
Build-to-rent (BTR) communities, offering single-family homes specifically designed for renters, are a growing trend in the United States, providing an alternative to traditional homeownership, especially for those struggling with affordability or seeking a more convenient rental experience.
A societal shift towards renting houses, driven by factors like rising home prices, economic uncertainty, and changing lifestyle preferences, is impacting the housing market, with more people, particularly younger generations, choosing to rent over buy. Here's a more detailed breakdown of the reasons behind this trend:
