Decrease Increase Beazer Homes buying homes to rentShareThisPrint E-mail .
Atlanta-based Beazer Homes has started a new division to buy distressed homes and fix them up for the rental market.
In a statement, the company says it already started the program in Phoenix. The program entails buying homes, typically out of distress, that were built since 2004, then making the necessary repairs to offer them for rent.
The company anticipates having 100 homes in the program in Phoenix by the end of the year and possibly expanding it to Nevada and California.
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