09-12-2025, 10:02 AM
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#81
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Senior Member
Join Date: Jan 2010
Posts: 283
Thanks: 68
Thanked 80 Times in 56 Posts
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Quote:
Originally Posted by Biggd
Many of the prime properties were bought by groups of investors with cash hoping to get the rental income and price appreciation. I know many of my son's friends bought into these real estate investment groups. We'll see how this all shakes out if prices drop and rentals slow down.
My son almost bought into one of these and I steered him away from them.
I took advice given to me by a smart uncle long ago and passed it on to him, "partners are for dancing"!
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very well said.
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