The build-to-rent sector is heating up rapidly. In the last year, billions of dollars have been allocated to the sector, but Sudha Reddy of Haven Realty Capital says that there is still plenty of opportunity and room for competition.

"There has been a sizeable amount of capital raised and announced for BTR. But we do not believe that capital has flooded the market. There are still fewer competent BTR operators in the market than there is capital," Reddy, CEO of Haven Realty Capital, tells GlobeSt.com. "The housing market is large and fragmented so there is plenty of room for competition."

While the BTR space has grown rapidly in popularity in the last year, Haven has been active in the sector for longer, which has earned the firm a competitive advantage. "We have a long  track record in the space and that continues to grow rampantly as we see more deal flow coming from existing builders and land owners across the country," says Reddy. "Execution and track record in this sector is really important as we are in the early innings."