Description: Buying foreclosures to turn them into rental properties is tricky business. Mack Companies, a Chicago real-estate firm, invests in about one out of every 40 homes it inspects. MarketWatch’s Amy Hoak looks at why some make the cut and others don’t.
Source:Â Marketwatch.com â€“ video report
Questions for discussion:
- Describe the financial analysis required before this firm buys.
- What are the risks associated with this sort of investing?