Posted by Kristin on January 16, 1999 at 10:40:53:
Thanks for your post. It really gave me a boost. We just bought a package of 51 homes in a low-income area, and I’ve been nervous about it. The profit is definitely there, but I’ve never worked in this area before,and I was beginning to think I should have left it alone.
I’m keeping my fingers crossed that my experience is similar to yours. We plan to finish fixing these places up,and then help low income families purchase them, some with the help of the Houston Housing Authority.
It’s nice to know that someone else is out there with the same plans,and is already experiencing some success.