Silver Bay Realty Trust Corp (SBY) exited the Houston market with roughly $20M in asset sales (122 houses of 150), mostly in the last quarter.

I am a Jersey Boy and a Boston College grad (Go Eagles!).

Buy and hold for long term appreciation Gaithersburg will be ok on the west side of 355 and 270...but you can do better going a little further south to Rockville and Silver Spring.

War Eagle!

They are talking about revamping the old UNLV Silver Bowl Stadium to serve as the home of the Vegas Raiders until the new stadium (Russell and I-15 area) is built in 2020.From what I heard it is cheaper for them to revamp and move sooner than to stay in Oakland until 2020.

So I sent in my contractor to inspect and see what's going on.When he came back and reported the property was in good shape and total estimated repairs would be under 10k,I wondered what could account for the low list price....and why the property was still on the market after 45 days in a hot market with all these eagle-eyed investors focused on the Jacksonville area...Then I went to look at it myself.Property was right under the I-10W but most of the traffic noise blew right on top of the building and you could hardly hear the traffic.Here was the kicker for me:There was already a long term tenant in place paying $800/mo with no rent increase in the past 5 years....and he didn't want to move.Long story short,I offered 50k,sellers countered at 55k.Deal done last week.I sent a speculative notice to tenant raising rent to $975/mo 2 days ago and received a signed lease back within 24 hours!

Would love to start looking at places near the roaring fork valley anywhere from grand junction to Eagle and beyond. 

BP has all the information on real estate served up on a silver platter.

BP has all the information on real estate served up on a silver platter.

If you know of any 2-4 unit multi families in preferably Boise, but also Meridian / Eagle, we'd love to hear about them.