I
Investy
Senior Member
America is awash with millions of foreclosures - indeed you can book foreclosure tours in most cities, so I wonder about capital growth going forward as there is just so much property and land to go around.
Some areas and streets have an ever increasing number of boarded up homes so that yesterdays home purchase becomes worth less as the area degenerates.
I cant comment on Brennan at all, but due dilligence should involve investors getting over there and doing masses of research.
There are plenty of people who bought into the property dream here in the UK that are now facing Bankcruptcy, the middlemen have long since dissapeared, and tenants failed to have the depth of pocket that was promised.
Some areas and streets have an ever increasing number of boarded up homes so that yesterdays home purchase becomes worth less as the area degenerates.
I cant comment on Brennan at all, but due dilligence should involve investors getting over there and doing masses of research.
There are plenty of people who bought into the property dream here in the UK that are now facing Bankcruptcy, the middlemen have long since dissapeared, and tenants failed to have the depth of pocket that was promised.