Investor Report: Gorilla Housing

Related News

Builders’ Dream Home Sold for a Song at Foreclosure Auction - 18.01.10
Hotel Foreclosure Watch: iStar Reclaims its Peach - 02.02.10
Mortgage Holders Prevail in Auction of Former Maui Prince Hotel - 28.05.10
Mortgage Holders Seize Four Seasons Dallas - 02.06.10
Trendy Gansevoort South Not So Chic for Credit Suisse - 10.12.09

Most popular searches

2009-03-09 - How to Navigate a Foreclosure Auction
2009-12-11 - Trendy Gansevoort South Not So Chic for Credit Suisse
2010-01-19 - Builders’ Dream Home Sold for a Song at Foreclosure Auction
2010-02-03 - Hotel Foreclosure Watch: iStar Reclaims its Peach
2010-05-29 - Mortgage Holders Prevail in Auction of Former Maui Prince Hotel
2010-06-03 - Mortgage Holders Seize Four Seasons Dallas

May

2009

Investor Report: Gorilla Housing

Market Conditions and Outlook

The vast majority of foreclosure auction investors pick up one to a handful of units a year at most, then either rent them out or fix them up for eventual resale. Typically they also troll for distress situations, pre-foreclosures and "ugly" houses. But John Helmick, CEO of fast-growing Gorilla Capital in Eugene, Oregon, takes a very different, high-volume approach.