re: Executive Order banning Big Wall Street from buying up single-family homes

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This is an example of someone using a talking point multiple times and the masses adopting is at truth without even thinking about it.

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If the buyer does an inspection, intending to use the property as a rental, and then don't address the findings, could that become a liability issue?

You know the differences, but are being purposely obtuse as some gotcha on Jared

Are hedge funds buying up apartments en masse from single owners?

No

All secondary apartment building transfers are buildings with units that were never meant to be sold individually.

Hedge funds are buying up existing SFH

If a fund wants to buy land, develop it, and then build houses to rent, that would be different.

The whole issue is buying up existing SFHs. Not apartments, condos, etc because that isn't happening on the scale of SFHs.

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If the buyer does an inspection, intending to use the property as a rental, and then don't address the findings, could that become a liability issue?

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Obviously, it would depend on the issue.

Inspectors find so much BS that isn't a real concern, just so the purchaser can feel like it wasn't $500+ wasted

Then they have a ton of disclosures in the contract so you can't sue them for the items they miss.

That sucks. In my area it's an investment firm that bought up a ton of houses and started renting them out for absurd prices. I'm about 15 minutes outside of Charlotte.

There are three housing developments(60+ houses in each) and 7 large townhouse communities (30+ townhouses in each)that have been built within the last 5 years, and it seems like the same llc swooped in and grabbed up most of them as soon as they went on the market.. and started renting them out, at lot of times for triple the normal rent. With so many houses costing that much, that triple price became the new normal. It has trickled down to everything.

I feel bad for those just starting out. Then again, those who do own houses in this area have our own difficulties. In order to get more property taxes, they've falsified the value of my house countless times. It's right now valued more than 400% the market value. And I'm not even one of the worst ones. A 700 sq ft, 1bed 1 bath house down the road that the town wants to buy(for $100k) but the owner won't sell, is currently being valued at over $1.2 million dollars. Such shady shite should be illegal.

This I do applaud. Trump doing God's work

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1) Home inspections cost a few hundred bucks, so a fraction of a fraction of a fraction of the homes cost

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$400 times 20 block purchases = $8,000

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3) Whomever they eventually sell to WILL get an inspection and anything that's found they would have to pay for or make concessions on before selling

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Clearly youre not familiar with companies like DR Horton

They build, finance, and sell blocks of homes to unqualified owners. They then foreclose, and turn them into rentals. Chunks of homes are now off the market, and their internal rental group makes bank off foreclosed properties

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a group of homebuyers filed a class action lawsuit against D.R. Horton Inc., the nation’s largest homebuilding company, and its mortgage lending subsidiary, DHI Mortgage Co.“The lawsuit claims that the home builder and its mortgage company were working together from their initial sales pitch to deceive buyers into closing on homes and mortgages by presenting artificially low monthly payments, leading to payment shock,”

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Their testimonies echo those of thousands of other homeowners who have desperately turned to social media platforms, official government channels, consumer review sites, and local news to demand answers on the construction defects that the companies refuse to acknowledge or address. Common complaints range from water intrusion, truss and joist deficiencies, ventilation problems, and missing or inadequate fireproofing or insulation, to foundation cracks, improper grading, and plumbing issues, many in violation of building codes.

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Thank You!!!!!