A Primer on Single-Family Rent in Las Vegas
The single-family rental business is agrowing component of the Las VegasValley’s housing supply. Although alwayspresent, until the recent generation,these operations were exclusively ownedby private individuals that often had justa handful of homes. During the GreatRecession, professional investors andprivate equity funds recognized thatyields in this asset class often exceededmany other real estate assets and soonthese groups began buying homes,either directly with multiple listingservice discoveries, at auction or asdistressed note purchases from financialinstitutions
