Investing in Rental Houses?
Investment in rental houses has become prolific these days. It started with large hedge funds buying tens of thousands of empty-foreclosed-homes from the banks. They were getting these houses for around twenty cents on the dollar. After attempting to turn these properties into rental-backed securities (they just can’t control themselves) these large hedge funds decided it did not work. They were sending out their prospectus to investors with wonderful claims of seven percent annual returns …