Posts with tag single family rental

Housing Crisis Turns Some Ex-Homeowners Into Lifelong Renters

You couldn't pay Mark Williams to own a home again. "Give me the money for it," he said. "I'm still not buying a house." It's not that he always felt this way. Williams (pictured at left) did profit handsomely from the housing market's boom years, selling a Sacramento home in 2005 for more than twice as much as he... Continue Reading »

Bill McMachen of Michigan Buys Hundreds of Foreclosed Properties, Dirt Cheap

For around $4.7 million, you might be able to snag one gleaming, top-of-the-line luxury home in a top market. In Michigan's Macomb County, though, it bought one man 627 homes. Bill McMachen, who owns a yacht dealership in Harrison Township, Mich., bagged that bulging real estate portfolio after accepting an enticing... Continue Reading »

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