Now that the big investors have virtually stopped buying homes, a legislator wants to find a way to regulate them. Typically the term “institutional investor” refers to private investment firms that buy dozens of residential properties with the explicit aim of...
Watch out for those investment groups - hat tip Richard! A federal complaint accuses an Irvine real estate firm and its executives of siphoning off proceeds from a house-flipping venture financed largely from investors’ retirement savings funds. Hoplon Financial Group...
With the lack of new homes available, the flipped homes have become a substitute for buyers who don't want to do any repairs or improvements. Here are four good questions: Question #1: Have the Renovations Been Permitted? Question #2: Were the Sub Contractors...
This is probably the baseline for regular houses in Carlsbad for the next few months - this just closed for $700,000 cash:
Buy rental properties! San Diego's vacancy rate is also 2.9%, same as L.A. https://calmatters.org/articles/frequently-asked-california-housing-crisis-questions-answered/
A vision of redeveloping Hillcrest similar to what's been done in Portland. With there being so much concern about less-fortunate getting shut out of adequate housing, every local municipality should be approving projects like this: Uptown Gateway District from...
This sold for $1,139,000 cash on 8/30/17:
Hat tip to daytrip for sending this in - the price is now down to $699,000: Homes near this Chapel Drive neighborhood fetch about $1.5 million, and Crowell priced this property as such. She figures it will cost $300,000 to stabilize the hill that got washed away...
Hat tip to Richard for sending this in: LINK An excerpt: Addressing a real estate conference in flood-ravaged Houston this month, longtime investor Ray Sasser detailed his strategy: buy up to 50 flooded homes at deep discounts, then fix and flip them for a hefty...
It seems that rents will keep rising, but how much more can tenants tolerate? Will the newcomers pay whatever it takes?
