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Old 09-07-2009, 01:25 PM  
theking
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Join Date: Sep 2002
Location: The good old USA!!!
Posts: 21,053
Quote:
Originally Posted by CyberAge-Dave View Post
Great time to buy, I buy flippers all the time. Even if you don't flip them and find good renters. They will double for sure in the next 7 - 10 years. Great time to buy.
Yeah...apparently. My friend has around 80 home and business rentals and has multiple unimproved properties in multiple states. He is not acquiring any more properties for rental purposes and either buys fixer uppers or foreclosures to sell. He used to also build houses from the ground up...but now only does that on occasion for a friend. His son will still build from the ground up and just recently cleared his waiting list. They of course have a crew...but still will dirty their hands from time to time.
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