Mullen: Smaller SFR operators lack scale to run internalized operations efficiently
Don Mullen · Don Mullen –Single-Family Rentals at Pretium (Capital Allocators, EP.324) · Jun 29, 2023 · at 41:45
Don Mullen, founder and CEO of Pretium Partners, contrasts the operating scale of top institutional single-family rental landlords like Pretium and Invitation Homes with lower-tier competitors.
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“The next tier down just doesn't have the scale for owning your own workforce, owning the strategic purchasing, being able to rent houses because of your advertising budget in a more efficient way.”
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