Real Estate Investor · Salisbury Mills, NY · Member since 2013 · 26 posts · 4 votes
Has anybody else heard that big corporations are buying up all the inventory, REO, foreclosures and making inventory numbers decrease? Any information would be appreciated.
Investor · Sarasota, FL · Member since 2008 · 17k+ posts · 17k+ votes
13y
Yes, this is happening in many parts of country -- though by "big corporations" I assume you mean hedge funds and institutional investors. I don't think non-investors are doing this.
This has been discussed at length here on BP for the past 8-10 months...
Investor · Sarasota, FL · Member since 2008 · 17k+ posts · 17k+ votes
13y
Yes, this is happening in many parts of country -- though by "big corporations" I assume you mean hedge funds and institutional investors. I don't think non-investors are doing this.
This has been discussed at length here on BP for the past 8-10 months...
Specialist · Orange County, CA · Member since 2008 · 2k+ posts · 623 votes
13y
Hi Strat V.,
Although this has been going on for many months, they are not buying in every market. There are specific markets they've chosen for their acquisitions. If you're considering one of those markets for an out-of-state investment, then you may find it a little difficult to get a good deal.
Investor · Willow Spring, NC · Member since 2009 · 5k+ posts · 3k+ votes
13y
Strat V. Regarding "Has anybody else heard that big corporations are buying up all the inventory..." We are not hearing it, we are seeing it. Example: from public record, one company this week recorded 14 DEED transfers to them. They have bought at least 363 properties this year. For topics this year, google hedge fund buying 2013 site:www.biggerpockets.com. See also this BP discussion for specific activity in my area.
Real Estate Investor · Columbia, SC · Member since 2013 · 13 posts · 1 vote
13y
I have little experience in real estate but have been investing in the stock market for the past 6 years. This is very similiar to what happens in stocks. The market is driven by hedge funds and institutional investors. They have instant information, infinite resources, and deep pockets. Once you find out some news, they have already factored into the price. You have to find out where the big players are playing and ride the wave. What gives the little guy the advantage is being able to be more nimble and liquid. Just don't fight the trend or try to guess where the trend is going. Ride the wave and use the ability to be more liquid to your advantage when dealing competing against the big guys. This is my experience with the stock market. I know that liquidity of property is alot less than a stock, but I believe the competition to make money is the same.