In just 10 years, Renters Warehouse has grown to become the premier national leasing and property management firm exclusively dedicated to the SFR (single-family rental) market.
Renters Warehouse is America’s #1 residential property management company, streamlining property management so individuals and investors can more easily build and grow lucrative single-family rental portfolios.
In just 10 years, Renters Warehouse has grown to become the premier national leasing and property management firm exclusively dedicated to the SFR (single-family rental) market. And this market is booming. American homeownership is at its lowest level in over 50 years, and the SFR market (also known as “Rent EstateTM”) now makes up more than half of the entire rental market nationwide. Renters Warehouse manages more than $3 billion in residential real estate, including 13,000+ investors across 20,000+ residential homes in over 42 markets and 25 states.
The Rent Estate Advisors at Renters Warehouse take care of everything investors need when renting out their homes or investment properties, including quality tenant placement, rent collection, maintenance coordination, inspections, tax and licensing paperwork and optional protection packages. For large SFR investors frustrated by the hassles and expense of managing numerous residential properties across multiple locations, Renters Warehouse “de-fragments” property management by providing a national solution with a single point of contact, standardized services, institutional-level reporting, corporate-owned offices, centralized back-office operations, and local staff and expertise in every market.
Renters Warehouse began as the Great Recession set fire to traditional residential real estate business and left behind a fertile new landscape that favored renting over buying and selling. Now, Renters Warehouse is solving a new set of challenges. With Americans lagging behind in retirement savings and large investors desperately in need of a professional property management platform to catalyze greater growth and profitability, Renters Warehouse is becoming the resource that helps individuals and large investors find, finance and manage single-family rental properties.
Renters Warehouse finds high-quality tenants in 11-17 days on average. Tenant-related services include marketing properties on hundreds of websites, accompanying all prospective tenants through properties, completing thorough background and credit checks on potential tenants, preparing and assisting with all lease documents, inspections and rental licensing, and providing a free 9-month Tenant Warranty™ on all placed tenants—which can be extended to up to 18 months (in almost all markets) with extended leases and property management services.
On the property management side, Renters Warehouse works to collect rent in full and on time every month, coordinates all maintenance requests and random inspections, handles most legal paperwork and red tape, assists with compliance issues, works to enforce leases, assists in evictions, and issues an array of useful reports related to their clients’ Rent Estate businesses—all for a low flat monthly fee (as opposed to a percentage of rent revenue).
Put simply, Renters Warehouse is in the business of making Rent Estate easier and more profitable for investors of any size, in any location. To help investors get started, it offers a Free Home Rental Price Analysis and “Buy vs. Sell” calculator on its website at renterswarehouse.com. Investors can also learn more about single family rental investing by reading Renters Warehouse’s new book, Rent Estate Revolution, and downloading a wealth of free resources at rentestaterevolution.com.
This article was originally published in Think Realty Magazine in the “Investor Review” insert in the October 2017 issue.