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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tim (TMTGM) who wrote (38879)8/23/2005 3:21:34 PM
From: TradeliteRead Replies (2) of 306849
 
I read that issue of Money magazine yesterday in my father's oral surgeon's office.

Chris Cowen (the reckless investor who cashed in his retirement savings and is buying condos hand-over-fist) is a nut.

I hope he puts as much effort into finding renters for his properties as he does in trying to buy them. He needs renters more than he needs another condo. Doesn't seem like he realizes that.

I didn't read your blog, having already seen the actual printed story, but I didn't get any sense of how he plans to dispose of these properties at a profit. Doesn't every investor need an exit strategy?????
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