Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

13
Posts
8
Votes
Dwight Rigel
  • Investor
  • Saint Louis, MO
8
Votes |
13
Posts

How do the big guys know banks plans?

Dwight Rigel
  • Investor
  • Saint Louis, MO
Posted
I've noticed that the larger investment groups seem to move throughout the country following the ramp up in banks' forclosures. For example one large investment group that came in to St. Louis had just finished buying hundreds of homes in Texas. After about a year and a half and 200 properties in St. Louis they were gone. I know from some people they work with they went elsewhere but I don't know where. So the question is: how do they know where the markets going to get hot for buyers i.e. where the banks are going to start increasing foreclosures?

Loading replies...