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Premier Property Management Group Releases National Survey & Study

  
  
  

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!

 

Renters Survey resized 600

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Comments

I think this study shows the importance of HOAs. Only the people living in a neighborhood can keep it nice and maintained. Unfortunately, every HOA that I have lived in takes a different approach to this meaning. They focus on paint colors, tree types, and all the other things that make you realize the "mall cop" power trip that they are abusing. This is usually the same problem experienced with any city code enforcement. I think if this "power" problem can be solved, then it would greatly improve neighborhoods and help the local investors.
Posted @ Thursday, February 28, 2013 8:45 AM by Jeff
We are property managers in Huntsville AL and sell homes in Huntsville Alabama as well. We have successfully marketed to our tenants converting them to home buyers. Since many of our rental property owners are landlords by default only leasing homes that wouldn’t sell for loan payoff we help both the property owner and the tenants. We agree with the comment on HOAs often having the Barney Fife syndrome and redundant. If there is a blighted property in an otherwise good neighborhood city code enforcement has always been more than adequate. We have a local Barney Fife who is trying to push a local conglomerate of HOAs to push through some blue state regulation that would strangle local investment property owners causing loan defaults, more neighborhood blight and overwhelming local inspectors. The guy doesn’t even own property but shacks up with a gal who owns a property if one our mill districts. So far none of our city councilmen are willing to be associated with the proposal. The mayor is opposed and has been bombarded with public pressure against the proposed regulation. 
 
Philip Winburn 
Huntsville AL homes for sale 
www.Huntsville-Homes.com 
 
https://plus.google.com/103794696247714608605 
Posted @ Wednesday, March 06, 2013 8:04 PM by Philip Winburn
very interesting article I like the numbers 98% 2 year lease sounds great keep up the good figures
Posted @ Tuesday, March 12, 2013 12:09 PM by john & sharon felgate
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