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Updated over 3 years ago on . Most recent reply

User Stats

329
Posts
119
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Anand S.
  • Plantation, FL
119
Votes |
329
Posts

ReAlpha plans to spend $1.5B to buy short-term rental homes

Anand S.
  • Plantation, FL
Posted

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

User Stats

4,236
Posts
5,686
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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
5,686
Votes |
4,236
Posts
Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
Replied

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. 

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