Continuing on the theme of ethics and real estate investing...
There was an interesting article published in the Chicago Tribune recently on foreclosures rescue services.
Foreclosures offer a lot of opportunities for investors, and often investors can offer a service to distressed homeowners that is both profitable to the investor and benefits the homeowner. But the real estate business being what it is, occasionally unscrupulous actors prey on unsophisticated victims in a way that casts a negative light on the ethics of the entire industry.
The article was posted on the Creative Real Estate Online messageboard, a useful forum for interacting with other investors around the country. I’ve met some interesting investors there with some good ideas.