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Full Press Release Available on PRWEB<\/a><\/p>\n Property management software company, Rentec Direct, publishes free white paper based on 2020 rent payment data, makes predictions for 2021<\/em><\/strong><\/p>\n JANUARY 05, 2020<\/p>\n GRANTS PASS, ORE.<\/em> –Rentec Direct<\/a>, the highest-rated property management software solution, today released a new white paper exploring the impact of the COVID-19 pandemic on rent payments and rent payment behavior in the United States. \u201c2020 Rental Trends: The Impact of COVID-19 on Rent Payments<\/a>\u201d analyzes rent payment data collected in 2020 to highlight rental trends that emerged in response to the pandemic, and makes data-based predictions for the rental industry in 2021.<\/p>\n \u201cAs a leader in the property management sector, our team felt that Rentec Direct had a responsibility to keep the industry educated and help our property management and landlord clients make the most informed decisions possible,\u201d said Nathan Miller, President of Rentec Direct. \u201cWe committed to collecting and analyzing rent payment data from our software platform and sharing this information with the greater real estate industry. We hope the trends and predictions we\u2019ve shared in this white paper will provide some guidance for real estate professionals as we navigate the new year together.\u201d<\/p>\n Several trends in rent payment behavior emerged based on\u00a0monthly rent payment data<\/a>\u00a0collected between March and December of 2020:<\/strong><\/p>\n Rentec Direct collected and analyzed aggregated anonymous data from its\u00a0property management software platform<\/a>, representing 620,000 rental properties nationwide. Because most tenants pay rent during the first week of the month, data from the first week of each month was compared to the same period for months prior. For the purpose of this study, Rentec Direct considers March 2020 to be the onset of the COVID-19 pandemic in the United States, when many stay-at-home orders and business shutdowns were initiated. Data from January and February of 2020 were also considered as a baseline for rental payment behavior prior to the pandemic.<\/p>\n \u201c2020 Rental Trends: The Impact of COVID-19 on Rent Payments\u201d provides a data-driven analysis of rental payment behavior in the United States during the COVID-19 pandemic, which impacts both tenants and landlords. To view the white paper in its entirety, visit:\u00a0https:\/\/www.rentecdirect.com\/blog\/wp-content\/uploads\/2021\/01\/2020-Rental-Trends.pdf<\/a>.<\/p>\nNew Rentec Direct White Paper Explores Impact of COVID-19 on Rent Payments<\/h1>\n
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