The Affordable Housing Industry is Dying

The Affordable Housing Industry is Dying
Affordable housing is becoming less affordable and landlords are unable to keep properties in good condition which results in less available homes for the lower income class.

The CEO of Apartments Near Me stated, “Affordable housing is dying” last week at a virtual landlords meeting dedicated to affordable housing.  “Now more than ever, 30% of Americans need affordable living solutions to keep a roof above their head. Furthermore, the current market is making it extremely difficult to make this  type of investment profitable,” says Adam Rudman.  Right now, there is a major wave of applicants bringing in fake and fraudulent documents which is increasing evictions across the board. Affordable housing by nature is considered a high risk real estate investment  and when mismanaged the properties are unable to maintain profitable longevity.

Apartments Near Me is focused on helping the affordable housing market by combining landlords, creating different yet successful marketing strategies, implementing management goals and last, but not least creating and maintaining successful business practices and procedures. The company have created its own “pilot program”, currently in the beta phase, to handpick landlords to help fine tune the affordable housing experience. As stated by CEO and Founder of Apartments Near Me, Adam Rudman, “We are very excited to be able to share our practices with other landlords to help make our affordable housing practices a sustainable business model. In addition, flipping apartment complexes as a business model is ultimately not helping the residents that are in need of housing”.

Apartments Near Me featured community: Winbranch Complex

About Apartments Near Me

Apartments Near Me specialize in residential rentals including single/multi-family homes, duplexes, and apartments. The main services include consulting, marketing management, property management, and management procedures implementation. Apartments require a mentality and work ethic that comes partially from education, but even more so from experience and a proper understanding of the market for each of the apartments. Our formulas and methods will increase the credibility and status of your apartments within not only the community but the city.

Media Contact
Company Name: Apartments Near Me
Contact Person: APNM Public Relations
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Phone: 9012649019
Country: United States