A new, National Survey sponsored by Premier Property Management Group was released this week discussing the long-term impact of renters in single-family homes. Real estate investing has been a hot topic for the last few years and the media has really picked up the pace of reporting on large hedge funds buying property around the country. As investors take a bigger role in purchasing distressed properties, no one has studied what the intentions were or the future plans of the renters who are occupying these properties. There have been a lot of questions, but not a lot answers when it comes to what are the "new" renters going to do when they have the opportunity to purchase property again?
Premier Property Management Group, which provides property management services to both Memphis Invest, GP and Dallas Invest, GP, sought to answer that and several other questions with their national survey. There is very little data about the intentions of renters in the next few years. This is the first national survey to go to self-identified renters and ask these specific questions. Be sure to share the info-graphic so real estate investors and professionals around the country can get familiar with the surprising results!