Oakland’s Waypoint cashes in on empty homes

Home investment firms raise rents to build profits. beazer Pre-Owned Rental Homes and Waypoint Homes – were ravenous, buying all in cash.. "They’d rather let a home sit empty than taking a.

Before the storm struck on Oct. 29, 2012, 35 homes stood on this block. All of them sustained major damage, with nearly a dozen ripped off their foundations. A shocking 23 lots remain empty a year.

Starwood Waypoint Residential Trust . 1999 Harrison Street, Oakland, CA 94612 (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

(02-04) 17:50 pst oakland— Oakland’s Waypoint Real Estate Group, a pioneer of buying foreclosed homes and turning them into rentals, on Monday became the latest contender in the crowded.

Disability Housing and Home Loans for Disabled Americans Ginnie Mae loans may help cover the cost – The Government national mortgage association (ginnie mae) is a federally-funded program that helps low-to-median income families gain access to home loans. Under Section 231 of the National Housing Act of 1934, Ginnie Mae loans for disabled individuals are financially secured by the U.S. government.

Neill Sullivan’s Oakland In half a decade, the san francisco-based investor has become one of the largest landlords in the Town, fueling the debate over gentrification and displacement.

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Oakland-based Waypoint Real Estate Group took advantage of the historic financial crisis to pick up houses and bad loans on the cheap over the last five years. Now the company is cashing in on.

Fewer Young Adults Buying Homes, Housing Costs, Low Mortgage Rates Young homebuyers are missing from the U.S. housing market – “What is wrong with young people?” asks Lawrence Yun, chief economist of the National Association of Realtors. “Even at these low mortgage rates, young people are not getting into the housing market ..

The flood of cash helped spark. ideal renters for the homes the big firms own in Southern California. "People want to live here, whether they buy or rent," said Gary Beasley, chief executive of.

Rocket docket return: Another weapon for foreclosure defense  · The man who killed Williamson was not pressed with charges as police determined he acted in self-defense.. hammers, and other blunt objects. By comparison, 679 people are killed per year from personal weapons — meaning hands, fists, feet, etc.. During that same period, 13,739 were killed from all types of firearms.. ‘Rocket Docket.

distressed neighborhoods in Oakland and hope this can provide a model that can be replicated in other cities." Enterprise and Waypoint will contribute an initial investment totaling $1.6 million in equity, and Citi Community Development will provide a $150,000 grant to fund the first phase of 20 homes.

Based in Oakland, Calif., Starwood Waypoint acquires, renovates, leases, maintains and manages single-family homes. Beasley discussed the importance of creating a strong brand for the company. "Building a brand is setting expectations in the consumer’s mind and then delivering on it," Beasley said.