So he is one of how many thousands of people investing in foreclosed properties, what am I missing here?
I remember summer of 2016....someone on the business channel did some report to talk about Chinese syndicate groups who were showing up in the Phoenix area....to buy in bulk. These were all Chinese folks who had money outside of the US and wanted some safe deal. They’d buy, and then rent out.
Nothing illegal here, and the term ‘shell company’ is a joke. These all tend to be actual companies, and they usually all pay taxes.
I have too. Over tbe years we have saved and flipped several houses. Difference is we don’t have millions so we do it the hard way. Lol.