Property Services
Home renovations will always be part of being a single-family rental (SFR) owner/operator. However, the renovations you decide to tackle will vary based on your long-term plan for your SFR properties and how long you plan to hold them before selling. As you plan your renovations for 2024 and beyond, watch out for these rental renovation mistakes we frequently see in the field.
When a top SFR operator needed a customized electrical inspections solution for their newly acquired assets—and they needed it fast—they looked to MCS for help. MCS was able to act as an extension of their organization to deliver a timely solution that met their needs.
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When a top single-family rental (SFR) operator sought to shift from multiple vendors for their vacant-home construction projects to just a few national partners, they looked to MCS to help them consolidate. Through a successful pilot program, MCS was able to support their needs by quickly building a strong relationship and creating trustworthy efficiency for the operator’s teams at every level along the way.
Maximizing your return on your SFR investment requires keeping costs in check; and needing to replace appliances and other systems prematurely can put a dent in your bottom line. To help reduce these types of expenses in your rental homes, you can take proactive steps to keep them in top condition and extend their life expectancy.
While the rapid portfolio expansion of the single-family rental (SFR) industry may have slowed, 2023 was a big growth year for MCS. Andrew Nolan, MCS’s President of Commercial and SFR, shares his thoughts on the year’s highs and lows, the company’s expansion and where MCS and the industry are headed in 2024 and beyond.