We are taking that money, adding what we save on property taxes/maintenance and are shorting the builders and financials. As the economy spirals into recession, consumer services as well. We harvest cash from the husks of bankrupt businesses like a parasite.
We wait.
We collect data, network and discuss.
We wait more.
We watch speculators twist on the knife.
We watch over-leveraged debtors go through all the myriad stages of grief.
We wait again.
And then, when all hope is lost, when real estate is the worst investment in the history of the world, when the cover of Time is a gutted foreclosure; only then do we feed.
We’ll cherry pick the best stuff for our families. The rest of the crap we pick up for pennies on the dollar to rent to people like you.