[quote=deadzone][quote=sdrealtor][quote=gzz]”Ive seen no evidence of groups holding them as rentals”
This giant private equity SFH landlord has some properties in SD City. None are currently for rent, but you can see they have 20+ for rent the greater LA and IE area.
The SD one I saw earlier on their website I think was in San Carlos.[/quote]
I would not be surprised if they owned some but if they do they are only a handful. I know more than a handful of individuals that own over 20 homes in SD. Heck Flyer may himself. But again Ive seen no evidence they own them which tells me they are not having any measurerable impact here
There are no homes owned under the Invitation Name int he tax records so if they do they are under other names. if you can provide address of san Carlos home that would help me to do some more sleuthing. I checked Blackrock and there is a Blackrock LLC that owns 17 properties though nearly all are vacant land in Valley Center or escondido[/quote]
It doesn’t matter how many properties they own. The real effect is if they are actively bidding on properties which raises prices.[/quote]
Again Ive seen no evidence of that or heard about that around here. I know and talk to many big producing agents and have yet to hear one say they got an offer like that. They own hundreds in Riverside County. Nearly all are in lower end working class communities. Not seeing any evidence they have any impact here though. If gzz can get me that address in san carlos I can do more sleuthing
You poke me for bringing anecdotes and then are trying do the same. get proof, real data
