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Updated about 4 years ago,
Do you buy property portfolios from other investors?
I'm looking to deploy about $200k by buying and financing cheaper houses (up to 100k each), which means I'd need to buy up to or over 10 houses to use it all, which could take a while.
Every once in a while I see property portfolios for sale. They usually strike me as a bad idea from the get go, because why would an investor sell an asset that's performing well? My gut reaction is that there is something wrong with the properties/ area.
Generally speaking, would you do it or would you recommend against it?