Rising mortgage rates have sidelined many would-be homebuyers, but for institutional investors, it has become an opportunity as home builders try to unload properties. “What we’re seeing is builders have to make their quota. They have to make the end-of-the-year numbers,” Kinloch Partners Cofounder and CEO and President Bruce McNeilage told Yahoo Finance Live (video above). “So they’re reaching out to folks like us, the institutional owners of houses, and we’re buying in bulk using those as… Source link
Read More »Stimulus checks will still go to the ‘bulk’ of people who need them
The New York Times ‘A Nightmare Every Day’: Inside an Overwhelmed Funeral Home LOS ANGELES — The chapel at Continental Funeral Home was once a place where the living remembered the dead. Now the pews, chairs and furniture have been pushed aside to make room, and the dead far outnumber the living. On a Thursday afternoon last month in Continental’s chapel in East Los Angeles, across the street from a 7-Eleven, there were four bodies in cardboard boxes. And two bodies in open coffins,… Source link
Read More »