Man buys 672 homes for $7500 ea.......... - REO Property Preservation Forum
 
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post #1 of 4 (permalink) Old 08-19-2012, 10:34 PM Thread Starter
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Man buys 672 homes for $7500 ea..........

http://realestate.aol.com/blog/2012/...ed-properties/
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post #2 of 4 (permalink) Old 08-20-2012, 05:23 AM
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Good for him, I hope he has his maintenance staff in place.
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post #3 of 4 (permalink) Old 08-20-2012, 10:43 AM Thread Starter
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Originally Posted by GTX63 View Post
Good for him, I hope he has his maintenance staff in place.
Sounds like he is going to flip them in blocks to investors. He is projecting over a $5,000,000 net profit!!!
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post #4 of 4 (permalink) Old 09-03-2012, 01:59 AM
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I've found some places that you can purchase only for $5000 or less in some locations. They look like they are even in good condition, which is amazing. Of course, they are not in areas near where I'm located, so how could I manage or fix them?
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