The past few months my brother Gideon and I have noticed a particular local family buying single family houses. These guys have been doing that at least since the 1950s – not often, and not a whole lot, but they’ve steadily accumulated property and rarely let it go. And now they’re buying again. I’m sure they aren’t paying asking price (we’ll see when the contracts close) but if they’re buying, it’s a good sign.
wouldnt be the sutton slumlords would it?
Nope
CF – What price point?
under $2
What do they do? Buy then rent? Rent typically covers note?