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Rainmaker
1,543,662
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

No, ivestors have no margin in SoCal. Flips are down.

Jun 21, 2021 02:40 PM
Rainmaker
1,844,291
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

There was just a big article/post on them the other day. They are big in our area & always charge over market rent.

.

Great post by your friend - very thorough.

Jun 21, 2021 01:36 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Raymond,

I have no idea where the prices are headed.  Different markets, different results.  We are starting to see more for sale signs and open house in our neck of the woods...and also buyers remorse...A

Jun 21, 2021 02:02 PM
Rainmaker
1,311,397
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I guess they favor real estate over Bitcoin.

Jun 21, 2021 07:29 PM
Ambassador
2,684,009
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Hi, Raymond. 

    I asked a similar question a few days ago. I posted links to articles in WSJ and Daily Mail that address this situation.

Jun 21, 2021 04:28 PM
Ambassador
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I am not seeing this in my area ... that does not mean it is not happening ... just not aware of it. 

Jun 21, 2021 02:33 PM
Rainmaker
2,781,173
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

The money to be made is in Real Estate for the next 4 years. Renting, buying and investing for the long term hold is a smart move. Equity, appreciation & income, RE will pay nicely. Cash not so much...RE is the answer to inflation

Jun 21, 2021 02:06 PM
Rainer
1,588
Richard Smith

They own lots of property in the W Summerlin area of Las Vegas. They charge about 10% above market rent.

.

 

Jun 21, 2021 08:05 PM
Rainmaker
4,160,362
John Pusa
Glendale, CA

Hello Raymond Henson, eXp Realty in my general market area, institutional buyers mostly interested on new construction, and sellers have financial issues. 

Jun 21, 2021 03:15 PM
Rainmaker
901,535
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

I received an offer from an investor on one of my listings. When I looked them up I saw they own 140+ homes in my county alone. I sell in portions of 7 other counties and didn't check those. We have a lot of investors buying her because of all the tech companies moving here.

Jun 24, 2021 12:18 PM
Rainer
427,257
J.R. Schloemer
Kentucky Select Properties - Louisville, KY

Quite similar to this 2017 WSJ article I have been talking about for nearly 4 years now. https://www.wsj.com/articles/meet-your-new-landlord-wall-street-1500647417

Jun 22, 2021 06:56 AM
Rainmaker
5,868,482
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Raymond, we are seeing large companies buying up homes in the Denver metro area, all cash, no inspection requests.

Jun 22, 2021 06:49 AM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I hear this about homes in Charlotte... with respect to my own listings, my clients have not accepted any investor offers and have typically received a higher price than the investors were offering. But I know they are here.

Jun 22, 2021 04:33 AM
Rainmaker
5,216,398
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not seeing it in downtown Chicago, but Lyn Sims say they are big in the suburbs. The downtown condo market has been in the dumps for a while but there are signs it is turning rather quickly.

Jun 22, 2021 04:28 AM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I've not followed the trend locally to see who is buying... not sure how we'd even know outside of maybe a county records search.  I'm sure it's happening.  I'm not a fan of it, although I love owning rentals myself.  Renting does not give the same investment in the country as owning does.  Probably why landowners were the only ones originally allowed to vote in this country.

Jun 21, 2021 11:06 PM
Ambassador
6,393,179
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Surprising to hear this, most investors in our market are holding right now.

Jun 21, 2021 10:38 PM