SFR Remains a Hot Sector, But Some Renters Continue to Struggle
Investors with small portfolios are more likely to feel the pain from tenants that have been unable to stay current on rents than REITs or private equity funds.
Millions of families who live in single-family rentals missed rental payments during the pandemic. Many might not be eligible for the billions of dollars in coronavirus relief passed by Congress in March 2021—or they may need help in applying for assistance.
But it’s likely the impacts will be different for larger investors, such as private equity funds and REITs, where a small number of delinquent tenants is offset by many others staying current, than for the “mom & pop” investors, who might only have one or a handful of properties and even one struggling renter can hurt the bottom line.