Recently we launched The TenantCloud Quarterly to provide ongoing insight and analysis of real estate trends that hit the market in last years. Based on company data and user survey (based on 711 responses from Landlords), the latest shows U.S. rental occupancy rates are at the highest rate since 1993 and the country saw the largest percentage rent increase from January to March. This helps in explaining why so many people are jumping into the rental market as first-time landlords, two-thirds of TenantCloud landlords polled classify themselves as “part-time” landlords, and more than one-third have been a landlord for less than five years.

Below is the survey responses we received most recently:


How do you refer to yourself?

survey tc

Landlord

Real Estate Investor

Property Manager

Other

Other

How long have you been a landlord?

surveytc

1-5 years

More than 10 years

5-10 years

Less than one year

What is your average rental?

survey3

Single Family Home

Apartment

Duplex

Other

As a landlord, do you rent or own your place of residence?

Survey1

Own

Both

Rent

Are you a part time landlord?

SurveyTC

As a landlord, what do you spend the most time on?

SurveyTC

Tenant management

Maintenance requests

Taxes and accounting

Finding new tenants

Other

Who are your average tenant(s)?

Survey TC

Families

Young Professionals

Other

College Students

Retirees

Has the ages of your average tenants changed in the past 5 years?

SurveyTC

No, has remained the same

Yes, increased

Yes, decreased

Are you optimistic about the real estate market?

SurveyTC

Very

Will stay flat

It will slow

Get on a boat the end is coming

What is most valuable when selecting a tenant?

SurveyTC

No evictions

High credit score

Previous landlord recommendations

Other

Current tenant referral

What is your top characteristic of an ideal tenant?

SurveyTC

Tenants who always pay on time

Long term tenants

Tenants who don't complain often

Age

Other

What is the average age of your ideal tenant?

SurveyTC

26-50

Don't care about age

50+

18-25

Other

How would you classify yourself?

SurveyTC

Young professional

Middle aged

Baby-boomer (i.e retiree)

College Student

Other


 

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