OfflineOne of the first big hedge funds to try to profit from a rebound in the U.S. housing market by investing in foreclosed homes is looking to cash out, even as other institutional investors are still getting in.
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Could the housing rebound be over?
Posted on: Thu, 01/03/2013 - 23:14
Och-Ziff hedge fund looks to exit landlord business
I don't care what these guys do. Preston who? People will always need a place to live.
Watch out IF these guys liquidate their rental portfolios. Can you say OPPORTUNITY!! Also, if the market drops again, all those down market strategies will work again.
I have several landlord buyers that are looking to liquidate their buy and hold inventory to do more fix/flips. Very interesting. What kind of a market does thins indicate anyway???
The more naysayers the better it is for action takers!!
Michael Mangham
Mentoring/Team Building Nationwide
MD Home Acquisitions LLCu
Michael Mangham
Mentoring/Team Building Nationwide
Knowledge is power, but execution trumps knowledge. Tony Robbins
http://www.mdhomeacquisitions.com Seller site
http://www.mdhomeacquisitionsbargainhouses.com Buyer site
http://www.mdhomeacquisitionshousehunter.com Bird Dog Site
http://www.mdlodeals.com Tenant/Buyer site
Hello Michael, I just want to say thank you, because I'm new to the DG Family and I'm hearing all this stuff about "Death to RE investing" and things are not working anymore that did, so I am a little confused.
I'm trying to work on my deal but I'm feeling bombarded with a lot of information.
Now on your post you said that "all those down market strategies will work again", what do you mean? Is most of the stuff outdated? The last book I got was 2011- Profit from Real Estate now, I want to know if I can still do assignment deals and lock ups, it seems that no money down to lock something up on a contract doesn't work if you don't get pre-approved for a loan or have a cash buyer?
Please help!
I'm actually feeling pretty desperate because I'm so pumped up to start!
And I really need to!
I'm a full time student with no job and bills.
Anyway, your post made a little relieved
Thank you for the info!
Take care,
Caroline
ps: I'm going to check out your sites they look promising!
I don't think that the housing recovery is over, at all, but things could change, I suppose. Even if the recovery were over, foreclosures and pre-foreclosures would go up as would the demand for rental properties which is all good news for investors.
The National Association of Realtors says that demand for rentals has gone up 5%, and the demand is already huge in many areas.
Rick Allison, Realtor
Amarillo, Texas USA
Find comps, private lenders and cash buyers nationwide: www.TheRealEstate.PRO
Foreclosure and pre-foreclosure search engine: http://tinyurl.com/b6w7h6o
The People Helping People Movement: www.greatEPXsite.NET
you Need to LEARN How to make money in ALL the markets...see Dean's books!
Be creative, Know Values and paths of growth and How to evaluate a deal and prosper.
Qualify your Buyers and Give them what they Want. It's that Easy!
The market has 5 cycles and YOU Need to learn How to make it in ALL of them.
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools