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.
Off Topic
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 11 years ago on . Most recent reply

Account Closed
  • Manasquan, NJ
23
Votes |
88
Posts

Are foreign investors impacting your business

Account Closed
  • Manasquan, NJ
Posted

The last month we have been running across a large number of foriegn investors at Sheriff sales, Homepath and Hubzu property visits. (more than "normal"). We just used to see them alot at bulk sales but now more individual ones. Is this impacting anyone? Of course they were able to snap up the value properties (all) as it seemed there cash pockets was limitless and left the expensive ones alone... Your thoughts and or experiences? Is real estate going to become just like the manufacturing sector in the USA? I would have said never 20 years ago but today I strongly believe the way real estate is now being handled by these big international banks American soil is going to be sold off and we will become even a much more different nation than we already are.

Most Popular Reply

User Stats

22,059
Posts
14,127
Votes
Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
14,127
Votes |
22,059
Posts
Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

Investments in US real estate by foreign investors is nothing new.

On a personal level it sounds like your area has become much more competitive. Others have experienced the same thing from hedge funds. I don't think we have either a significant presence of foreign cash or hedge funds here yet it is still very, very competitive. Markets change. Competitors come and go. Prices rise and fall. Adaptation is a key skill.

Loading replies...