Depends where you are
https://www.wsbtv.com/news/local/henry-county/3-companies-ow...
|“I’d say at least 60 percent of the homes around here are owned by corporations,” Clark said.
But is that Big Money Private Equity or "took a class from that Rich Dad, Poor Dad guy who said we should create a company and invest in real estate" corporation?
"Clark" is an arbitrary commenter.
The actual data provided was:
> For example, corporate landlords own more than 12,000 homes in Paulding and Henry County, accounting for 11.2% and 9.9% of all single-family homes in the counties.
Many people register houses they purchase in LLCs for privacy protection purposes
"Corporations" is meaningless in this context. If you want to own a rental home in the US, you should set up an LLC, both for liability reasons and because it makes it easier to deal with taxes and expenses.
In the parts of the country I lived in, I've never seen big corporations own single-family rentals en masse. They usually go for apartment complexes, which are far more profitable if you have the capital to buy / build one. Commercial real estate too.
If you click around your neighborhood, a lot of single-family homes are owned by living trusts and "Bob & Kate" LLCs, but that doesn't mean there's any hedge fund money involved.