Review of Kenneth Rapoza’s “How Single Family Home Investing Can Save The Housing Market” (Forbes 2012). How Single Family Home Investing Can Save The Housing Market. Retrieved from http://www.forbes.com/sites/kenrapoza/2012/04/04/how-single-family-home-investing-can-save-the-housing-market

“If you think no one cares you are alive, miss a couple of house payments.” In the article above, you will read that, “Single family homes have become part of GTIS Partners’ residential investment strategy. They’re picking their spots, starting off in Chicago and Florida, currently, but looking at seven markets to make concentrated buys and hire a management team to collect the rents and care for the properties.” It must be nice to have that kind of money to invest in real estate right now. Their plan is to buy numerous homes, renovate them and rent them. They believe they can help the economy by taking these foreclosures off the market, thus driving property values back up.

Its a huge risk they are going to take but the outcome for the economy should be worth it. Another way GTIS will help the economy will be by” keeping the supply of rentals up, which means it keeps the pressure on rental prices down.” That’s awesome since the consumers that rent usually rent because they do not have the budget for a house. The lower the rent, more money renters can save towards possibly owning a home.

Rapoza says, “Some suburban towns are considering just knocking down entire developments. I see that as a waste of time and a loss of a lot of money.” I have to disagree with him on that. One purpose of knocking down entire developments is to help bring property values up in neighborhoods. I might have agreed with Rapoza if that was the only reason the developments might be knocked down. Rapoza tends to overlook the fact that renovations can cost more than tearing down a development and building it all over again if the development was not well maintained. Lets face it, when properties are going through foreclosures, the owners are not going to take care of the property thus making the property poorly maintained.

“According to the Fed Consumer Credit Panel, 60% of people who went through foreclosure ended up renting a single family home, while 23% rented an apartment.” GTIS Partners plan on supplying those 60% with houses that were foreclosed. This is a great opportunity for property management companies to obtain a new client.

I can not wait for GTIS Partners to implement this plan. At least someone has a plan. All these years of just sitting around and waiting for a miracle to happen might be over if this works. This is a company that is taking matters into is own hands. Good for you GTIS Partners. If this plan works, you will be a modern day hero to the whole world.

GTIS Partners will be looking for responsible Property Management Companies to run the show for them. A great way to get noticed by them will be to rank high on search engines. That can be achieved by having your website optimized. You would want to get ranked specifically for the words- “Property Management.”

Website Optimization is one of Agent BizzUp’s strongest assets. Agent BizzUp’s Real Estate Optimization Services provides a service that will get you to the first page of search engines like Google.com. Since Agent BizzUp specializes in real estate websites, they have the experience and knowledge needed for a successfully optimized real estate website.

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To read the full article, please visit http://www.forbes.com/sites/kenrapoza/2012/04/04/how-single-family-home-investing-can-save-the-housing-market//