good construction in bad area

as described above, this is a typical location with good opportunity: relative new development in bad areas. it's good value play. The houses look new but area is not good as expected. The reason is that the housing market crashed. The owners of this kind new development can't afford mortgage any more. they went bankcrupt. The properties are under water. A lot of home owners become renters. That's good opportunity for us.

I think that you made a good investment here.

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多谢鼓励,以后有什么八挂,再上来汇报. -假如昨天- 给 假如昨天 发送悄悄话 (0 bytes) () 12/14/2012 postreply 21:49:26

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