Replies to post #8525 on US National Telecom (USNL)

[sjstock]

Well we dont know that for a fact, unless the recovery stops and goes full on double dip the housing market's bottom has been hit and is in the past, we'll just have to wait and see.

[rivervalley]

hey mike it doesn't really matter if real estate is at its absolute bottom or not-what does matter is the market is down and has been for a long time and owning rental property can be very lucrative in a down market. When the opportunity comes along and prices increase then you make the sale. You don't automatically lose on real estate when market prices drop, you just have to make the right moves at the right time. If USNL uses Coldwell Banker and Remax to manage properties they acquire, they will be hiring good companies with pro's that know what to do, and when to sell down the line. If the right properties are purchased you can end up in a win win situation. You win if you rent out the property long term, or when a $ making sale comes along you take it. Very little downside risk if handled by pro's from the start. just an opinion by a real estate investor/broker.