News Focus
News Focus
Followers 0
Posts 754
Boards Moderated 0
Alias Born 05/17/2008

Re: TheFastOne post# 38424

Thursday, 07/10/2008 11:57:07 AM

Thursday, July 10, 2008 11:57:07 AM

Post# of 54616
No to the short sales. I dislike obstacles, and I don't like waiting on other people. I prefer lower prices, and the ability to have contract inspectors poke around without outside restraint.

Don't get me wrong, they are tempting, but a big hassle (tough to get into the properties, they take longer to close, etc.).

My target right now is resort communties that have been beaten down. In these situations, I don't expect positive cash flow, rather price appreciation over the next three years.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today