Thursday, August 5, 2010

CNN Money Reports: Vulture Investors

Vulture investors: They're back - and making a bundle

By Les Christie, staff writer


NEW YORK (CNNMoney.com) -- These are the glory days of the residential real estate investor. Low prices, rock-bottom interest rates and stable rental markets have created huge buying opportunities.
"It's awesome right now. I don't think we'll ever see another time like this," said Tanya Marchiol of Team Investments, which has operations in about 10 states but focuses mostly on the Phoenix market.

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