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128
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James Free
  • Rental Property Investor
  • Fort Collins, CO
327
Votes |
128
Posts

BiggerPockets mentioned in the Wall Street Journal

James Free
  • Rental Property Investor
  • Fort Collins, CO
Posted

https://www.wsj.com/articles/r...

It's not necessarily a positive mention, but there it is:

Local buyers bid against one another as well as against investors who now comprise about a fifth of annual home sales nationally. Online platforms such as BiggerPockets and Fundrise make it easier for out-of-town investors to buy real estate in smaller cities across the U.S., said John Burns of California-based John Burns Real Estate Consulting.

Often, Mr. Burns said, “the cash flows are better in the Tulsas and Allentowns of the world” for those seeking to rent out properties. In the fourth quarter of 2020, nearly a fifth of homes sold in the Allentown area were bought by investors, according to Mr. Burns’s data.