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Despite a slew of interviews in which he proclaims a housing rebound is on the way and that this is an amazing time to invest in real estate, Warren Buffett says NO to buying single-family REOs! Why? From hitting the cover of Time Magazine to high … [Read more...]
Who doesn’t want a piece of the distressed property and REO pie right now? It’s big and sweet and there has never been a better opportunity to lock into such wealth or discounts. However, far too many investors and distressed asset buyers are … [Read more...]
There has been a lot of noise in the news about bulk buying of single family REOs, as well as a growing shortage in inventory, but are real estate investors needlessly fighting over the most overpriced scraps when there are much bigger and easier … [Read more...]