Buying a House, the Wall Street Way

An article in The Wall Street Journal describes how institutional investors are using computer algorithms to purchase large numbers of rental properties. Specifically, it explains how one data scientist, Martin Kay, used the strategy to create Entera Technology. The article reports that Mr. Kay began buying rental properties in Texas in 2010, using machine learning to cull out listings that might attract appealing tenants: “For Mr. Kay and like-minded investors, that typically meant families seeking… Read More