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The Water Cooler
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Property Buyer Calls
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<blockquote data-quote="-Pjackso" data-source="post: 4186330" data-attributes="member: 8119"><p>I get a lot of calls also. .....A LOT.</p><p></p><p>I think it's corporate hedge funds buying up property, using smaller buyers as a front.</p><p></p><p>I usually try to talk to the people and ask who the "real" buyers are. They usually respond with "I'm the buyer", but I then ask why not buy from what's already listed for sale. Curiously, the buyers are usually out of state. (Read: they're the middle-man)</p><p></p><p>If the BIG fish are buying as much HARD-tangible assets at any means possible - even cold-calling people. Then consider: what do they know that we don't?</p><p></p><p>I'm thinking a massive economic downturn, or the dollar loosing any value. Spend the dollars to get REAL assets.</p><p></p><p>Curious times ahead.</p></blockquote><p></p>
[QUOTE="-Pjackso, post: 4186330, member: 8119"] I get a lot of calls also. .....A LOT. I think it's corporate hedge funds buying up property, using smaller buyers as a front. I usually try to talk to the people and ask who the "real" buyers are. They usually respond with "I'm the buyer", but I then ask why not buy from what's already listed for sale. Curiously, the buyers are usually out of state. (Read: they're the middle-man) If the BIG fish are buying as much HARD-tangible assets at any means possible - even cold-calling people. Then consider: what do they know that we don't? I'm thinking a massive economic downturn, or the dollar loosing any value. Spend the dollars to get REAL assets. Curious times ahead. [/QUOTE]
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