Updated about 4 years ago on . Most recent reply
ReAlpha plans to spend $1.5B to buy short-term rental homes
Have you guys seen this? An asset management company is planning on buying $1.5B worth of homes, or 5,000 homes at an average price of $300K, to operate as STR's. The plan is to focus on Miami, Austin and Dallas.
What do you think this will do to the market? Good or bad?
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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
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#3 Short-Term & Vacation Rental Discussions Contributor
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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
Doesn’t matter much to the folks on this group anyway because there’s no way a fund can compete with us. Our properties will always be at the top. Reviews are everything.