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Florida Developer Explains Build-to-Rent Challenges and a Silver Lining!

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Sinopsis

The build-to-rent trend is hot right now, but construction costs are creating major headaches for developers. They are having a difficult time getting materials, of all kinds, from key components of a home, like lumber, to small but necessary pieces like metal truss connectors. The shortages are pushing prices higher, and causing delays in finishing projects, all of which are adding thousands of dollars onto the price of an investment property. But there is a silver lining, and you’ll hear about that in this episode from a build-to-rent developer and property manager in the Jacksonville, Florida, area. Our guest shares his side of the build-to-rent story to help investors understand why it’s been so difficult to get new rental homes on the market, how he’s dealing with supply chain issues and a volatile pricing environment, and how he expects the pricing issues to play out. Chris moved to Florida in 1999 for college and graduated with a business management degree. He launched his career with a dry cleaning bu