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I was looking at craigslist in Dallas today and noticed that just about every house for sale is a McMansion. Looks like people in Dallas are getting rid of those big house with big electric bills and big mortgage payments.
Are you seeing that in your area too?
These would be good for getting an OPTION then doing a Highest Bidder Sale. But give yourself 30 days for marketing and the HBS
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It’s a nationwide issue and growing like crazy. Here’s some good coverage of those numbers and what to expect:http://realtormag.realtor.org/daily-news/2015/10/29/housing-stock-not-suitable-for-aging
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We all need to pay attention to the deomgraphics in our markets. With 10,000 people turing 65 every DAY… and many of them needing an assisted living facility… it makes sense to check in to the huge opportunities with assisted living.
Did you close on your ALF Hal? Give us a report! Want to do a coaching call about it?
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