North Carolina

Tell us your experiences with investor-landlord owned homes. We want to know

A subdivision in the Summer Creek Lane and Benefield Road area.
A subdivision in the Summer Creek Lane and Benefield Road area. jsiner@charlotteobserver.com

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Security For Sale: Converting NC homes to rentals

Institutional investors have bought at least 40,000 single-family homes across North Carolina in the past decade and now rent them out. The industry — primed for continued growth — says it improved the rental experience, providing safe, affordable houses that were previously inaccessible to renters. But owning a house traditionally offered financial security for most American families. And our investigation finds the business model of these companies is finely tuned to squeeze profit from the homes, often to the detriment of renters, neighbors or other would-be buyers.

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Ten years after investor owners of singles family homes started their rise, tenants, neighbors and local officials are tuning into their growth and impact, especially in Charlotte and the Triangle.



For continuing coverage of this topic, we want to hear from people with first-hand experience. If you have experiences you think that others should know about, share them below.

This story was originally published May 1, 2022 at 6:00 AM with the headline "Tell us your experiences with investor-landlord owned homes. We want to know."

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Security For Sale: Converting NC homes to rentals

Institutional investors have bought at least 40,000 single-family homes across North Carolina in the past decade and now rent them out. The industry — primed for continued growth — says it improved the rental experience, providing safe, affordable houses that were previously inaccessible to renters. But owning a house traditionally offered financial security for most American families. And our investigation finds the business model of these companies is finely tuned to squeeze profit from the homes, often to the detriment of renters, neighbors or other would-be buyers.