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maktbone.
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May 18, 2009 at 4:37 PM #402192May 18, 2009 at 4:47 PM #401506
peterb
ParticipantAs sticky as rents can be, if this economy continues to contract at its present rate, there will be increased vacancies and downward pressure on rents. Especially with foreclosure moratoriums allowing many people to live in their homes without paying anything.
How much loss can the investors/LL take before they decide it’s time to send the keys back to the lender?May 18, 2009 at 4:47 PM #401758ParticipantAs sticky as rents can be, if this economy continues to contract at its present rate, there will be increased vacancies and downward pressure on rents. Especially with foreclosure moratoriums allowing many people to live in their homes without paying anything.
How much loss can the investors/LL take before they decide it’s time to send the keys back to the lender?May 18, 2009 at 4:47 PM #401990ParticipantAs sticky as rents can be, if this economy continues to contract at its present rate, there will be increased vacancies and downward pressure on rents. Especially with foreclosure moratoriums allowing many people to live in their homes without paying anything.
How much loss can the investors/LL take before they decide it’s time to send the keys back to the lender?May 18, 2009 at 4:47 PM #402049ParticipantAs sticky as rents can be, if this economy continues to contract at its present rate, there will be increased vacancies and downward pressure on rents. Especially with foreclosure moratoriums allowing many people to live in their homes without paying anything.
How much loss can the investors/LL take before they decide it’s time to send the keys back to the lender?May 18, 2009 at 4:47 PM #402197ParticipantAs sticky as rents can be, if this economy continues to contract at its present rate, there will be increased vacancies and downward pressure on rents. Especially with foreclosure moratoriums allowing many people to live in their homes without paying anything.
How much loss can the investors/LL take before they decide it’s time to send the keys back to the lender?May 18, 2009 at 5:07 PM #401526SD Realtor
ParticipantThe investors I am talking about flip the properties right away. They are not holding it for a rental. Other large investment groups making bulk purchases for rental income generally do so with a pretty serious margin for downturn on rents and such margins are built into the purchase. This is why they get substantial discounts on the homes. One bulk investor I had spoke to earlier in the year was looking for approximately 40-50% off on the homes the homes that they were negotiating with Citibank on.
The good thing is that our tax revenues will cover any shortfalls in the scenarios you or I or anyone else comes up with.
May 18, 2009 at 5:07 PM #401778ParticipantThe investors I am talking about flip the properties right away. They are not holding it for a rental. Other large investment groups making bulk purchases for rental income generally do so with a pretty serious margin for downturn on rents and such margins are built into the purchase. This is why they get substantial discounts on the homes. One bulk investor I had spoke to earlier in the year was looking for approximately 40-50% off on the homes the homes that they were negotiating with Citibank on.
The good thing is that our tax revenues will cover any shortfalls in the scenarios you or I or anyone else comes up with.
May 18, 2009 at 5:07 PM #402010ParticipantThe investors I am talking about flip the properties right away. They are not holding it for a rental. Other large investment groups making bulk purchases for rental income generally do so with a pretty serious margin for downturn on rents and such margins are built into the purchase. This is why they get substantial discounts on the homes. One bulk investor I had spoke to earlier in the year was looking for approximately 40-50% off on the homes the homes that they were negotiating with Citibank on.
The good thing is that our tax revenues will cover any shortfalls in the scenarios you or I or anyone else comes up with.
May 18, 2009 at 5:07 PM #402068ParticipantThe investors I am talking about flip the properties right away. They are not holding it for a rental. Other large investment groups making bulk purchases for rental income generally do so with a pretty serious margin for downturn on rents and such margins are built into the purchase. This is why they get substantial discounts on the homes. One bulk investor I had spoke to earlier in the year was looking for approximately 40-50% off on the homes the homes that they were negotiating with Citibank on.
The good thing is that our tax revenues will cover any shortfalls in the scenarios you or I or anyone else comes up with.
May 18, 2009 at 5:07 PM #402217ParticipantThe investors I am talking about flip the properties right away. They are not holding it for a rental. Other large investment groups making bulk purchases for rental income generally do so with a pretty serious margin for downturn on rents and such margins are built into the purchase. This is why they get substantial discounts on the homes. One bulk investor I had spoke to earlier in the year was looking for approximately 40-50% off on the homes the homes that they were negotiating with Citibank on.
The good thing is that our tax revenues will cover any shortfalls in the scenarios you or I or anyone else comes up with.
May 18, 2009 at 5:14 PM #401536blahblahblah
ParticipantThe investors I am talking about flip the properties right away. They are not holding it for a rental.
Of course, but who are they flipping them to? My guess is that many of the folks that they’re selling these properties to are “investors” that are going to try and rent them out. If they’re buying at those steep discounts and then getting out from under them right away with a profit, they’re the smart ones. The ones buying the properties from them? Probably not so much…
May 18, 2009 at 5:14 PM #401788ParticipantThe investors I am talking about flip the properties right away. They are not holding it for a rental.
Of course, but who are they flipping them to? My guess is that many of the folks that they’re selling these properties to are “investors” that are going to try and rent them out. If they’re buying at those steep discounts and then getting out from under them right away with a profit, they’re the smart ones. The ones buying the properties from them? Probably not so much…
May 18, 2009 at 5:14 PM #402020ParticipantThe investors I am talking about flip the properties right away. They are not holding it for a rental.
Of course, but who are they flipping them to? My guess is that many of the folks that they’re selling these properties to are “investors” that are going to try and rent them out. If they’re buying at those steep discounts and then getting out from under them right away with a profit, they’re the smart ones. The ones buying the properties from them? Probably not so much…
May 18, 2009 at 5:14 PM #402078ParticipantThe investors I am talking about flip the properties right away. They are not holding it for a rental.
Of course, but who are they flipping them to? My guess is that many of the folks that they’re selling these properties to are “investors” that are going to try and rent them out. If they’re buying at those steep discounts and then getting out from under them right away with a profit, they’re the smart ones. The ones buying the properties from them? Probably not so much…
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