I asked to some potential buyers and they all told me that not even for free they will buy or live there and so I declined to buy it.

Keeping this value below 75 - 80% leaves room for rents to decline 20% and still have the property break even.

Any place where the population is declining has good potential for such buildings.

Be sure that if there was some purchase deal for the tenant, that the tenant declines it in writing, and that the offer has expired / passed any deadline for acting.

Now that I have a full detail based on the report, I will be declining these tenants.I will be posting the details on a new topic to try to see the thoughts of others on the specifics.Thank you all!

Non performing notes combined with declining collateral values is a recipe for a challenge, so any fund should be cautious with the degree of leverage utilized in the mortgage fund.

Also for reference, we wrote a report called The California Comeback in 1997, Why Prices Will Double in the Next eight Years and in 2006 wrote The California Crash, predicting in advance the price declines and foreclosure glut.

Your advocacy is ABSOLUTELY needed to arrest the neighborhood decline cycle.Stay engaged, follow it through, your effort is will keep petty crime away and repel even worse elements from taking root.

I actually anticipated a 20 percent decline in revenues this year, so we are a bit better than my forecast.

Declining job quality or quantity results in declining property prices and rent.Business Risk - Investing, like everything else, involves risk.