PS companies with ZERO DEBT: American Express, Apple, Citrix Systems, Amazon, Bed, Bath & Beyond, TRowe Price, Red Hat, AutoDesk, and MasterCard.Pretty interesting that TWO major companies thats entire philosophy is marketing the use of debt as a tool are debt free (AMEX & Mastercard)...Fyi- I did a quick look at Amex's financials and their 12/31/14 balance sheet is showing $138 billion of liabilities.

Considering he claims 10 billion in assets and 9 billion of that is free and clear he might just be right. 

Since homes in many areas have been going up about 5-10% per year, that's not a bad deal.This company has purchased $1.5 billion in homes so far, and has $1 billion more to invest.

Piper Jaffray recently projected that the vacation rental industry will grow from $101 billion in 2014 to $285 billion by 2025.

All the guys out there selling $3995 courses to teach the 'secret' of making a Billion dollars with Sub2 deals will not give you an honest evaluation of the strategy - nor will I.

On a daily basis literally billions of dollars are won or lost merely on perception. 

Did it make over 50 billion in revenue a year?

I imagine most on here aren't regular lottery players but when the jackpot is nearly a billion dollars (I only count the cash option as the value) it's worth a shot for the entertainment factor. 

Here is a recent announcement about Fannie Mae selling off another large pool of NPLs:The NPL offering announced Tuesday (FNMA 2016-NPL1) includes 6,700 loans totaling $1.35 billion in aggregate unpaid principal balance (UPB), making it the largest Fannie Mae NPL sale of the four in terms of UPB.

Last September, one of the original institutional investors in the housing-to-rent strategy, multi-billion hedge fund Och-Ziff called it quits on the landlord business.