It has an article about Chinese drywall and how that impacted a valuation by an appraiser and the property is set for foreclosure.

& to think Chinese drywall came 4x8 !!!

Building Size: 4,000 SF Family Lot Size: 0.12 AC FINANCIAL SUMMARY: Pet shop- $1,500 Chinese Rest.- $1,500 (4) 3Brd Apts- $4,000 TOTAL RENT: $7,000 Annual Gross Income-$84,000 Taxes- $12,000 Net Operating Income:$72,000 Capitalization rate: 18.46 %

You can offer it, but I doubt they will accept it when Chinese buyers pay 75% to 80%.Joe Gore

They've been in this apartment for 34 years and only spoke Chinese.

Budget for dropping occupancy, it's going to happen...Your competition for these properties are the Chinese, Australians who just want their cash out of their country where cash flow is frosting.

turns out the chinese are buying hundreds of properties at a time in Detroit.

The vacancy could be high for many reasons, such as: 1) High rent/deposit or screening criteria 2) Poorly advertised to potential business owners 3) No popular stores or business types that might attract regular customers e.g. chinese eatery, nail spa, pizza place, pawn shop, liquor store

They were just much more plentiful during the crisis..As an old Chinese proverb goes, the best time to plant a tree was 10 yrs ago - the next best time is today..

The other day, I read in a Chinese newspaper that it's one of the top 10 cities to invest.