These novice realestate quasi-moguls, often addicted to HGTV
These novice realestate quasi-moguls, often addicted to HGTV and other television shows created to promote the industry like Flipping Out and Flip This home, regularly failed to consider land cash-flows prior to making their purchases. Consequently, when a realestate provides a positive cash-flow, a decline in realestate prices is of little concern since the owner can simply enjoy the income his realestate generates until the market revives and the land can be sold for further profit. It hasnt been until recently that both residential and multi-family housing prices have retreated to levels where rental income will [...]
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