s arcus replied to the topic A sad tale, don’t let it happen to you. in the forum Overseas Deals 18 years, 10 months ago
Hi to me it sounds like an ex forestry town. Assuming it had a value of around 50K and the section is now only worth 2 to 3 Thousand, it obviously not in an employment area, or even in commuting distance. Your tenants in these areas are lower socioeconomic or benefit collectors. If I am right in my assumptions, you need a really good PM or…[Read more]