QualityStocksNewsBreaks – ReAlpha Tapping Hot New Trend in Real Estate Investment
ReAlpha, known as the Robinhood of Airbnb, was featured in a recent Bloomberg article titled, “Investors Chasing Housing Target Massive Pools of Airbnb Rentals.” The piece discusses a hot new trend investors are tapping into as they hunt for returns in the frenzied U.S. real estate market. This involves building massive portfolios of houses to rent out on Airbnb. “A recent filing reveals that Dublin, Ohio-based ReAlpha is seeking to spend as much as $1.5 billion, including debt, to buy short-term rentals at an unprecedented scale. The money would be enough to purchase roughly 5,000 homes, Chief Executive Officer Giri…