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Maximize Rent to Build Portfolio
Apartment rents have been flat with declining year-over-year appreciation, while single-family home rents have been consistently increasing. In 2024, single-family rents are expected to rise by 3.5% due to strong demand and limited supply. Real estate investors can benefit by charging maximum fair market rents, acquiring more properties in high-demand areas, and expanding their portfolio to capitalize on the growing rental prices.