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Updated over 3 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?
Most Popular Reply
Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
#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.