Arif
Full time employment: Posting here.
- Joined
- Jun 21, 2005
- Messages
- 761
I rehab properties for a living and own my own property managment company. Recently we've ran into several out of state real estate buyers that closed on properties sight unseen, no inspections, no due diligence. It really scares me that people are throwing money at investment properties like they were buying M&Ms at the local quickie mart. I guess this is the equivalent of buying stocks with any due diligence.