Oakland’s Waypoint cashes in on empty homes

Waypoint’s Professionally-Managed Single-Family Home Rentals & Trademarked Lease Plus Rewards Program now available in Tampa and Fort Lauderdale. A leader in the emerging REO-to-rental industry since its founding in 2008, Waypoint has acquired more than 3,000 homes in California, Arizona, Illinois, Georgia and Florida and is rapidly expanding nationwide.

(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.

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Lowest mortgage rates in a month barely boost weekly applications, up 0.4% Weekly applications. up hiring in the months ahead. Employers, meanwhile, added 288,000 jobs in June, the fifth straight month of job gains above 200,000. That’s the first such stretch since 1999..

homes that sold for $400,000 at the peak have been purchased for about $130,000 each and renovated for the rental market, Gary Beasley, managing director of Oakland, California-based Waypoint Real.

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.

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OAKLAND, Calif.–(BUSINESS WIRE)–Roofstock today launched. For buyers, Roofstock offers a proprietary inventory of leased, certified, professionally managed homes that generate immediate cash flow.

Waypoint’s other co-founder, Gary Beasley, last year founded oakland-based roofstock, which wants to make it as easy for individuals to invest in rental homes as it is to buy stocks. Roofstock.

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The company says it may need to turn off the lights to more than 600,000 homes and businesses. disrupted routines. In Oakland, a doughnut shop serves doughnuts but no coffee. Credit card machines.

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