I heard someone say that the other day and laughed a little at first trying to understand why anyone would think investors are evil. Maybe because we profit from the loss of others on a regular basis? Perhaps its since we frequently use methodologies in our business dealings that others don’t understand, we’re considered con men or unethical. Or it may simply be because we’re all greedy lol! While the first two are questionable in some if not most cases, there’s probably no denying the last. There is also the small fraction that really are unethical, unlawful, and that take advantage of those already experiencing a hardship that give all of us a bad name.
The average investor, however, believes in providing a service that is beneficial not only to the individual but the institutions as well. While it is true that many times the properties we find at a discount have been foreclosed on or about to be, we are not the ones that created these circumstances. In fact, we attempt to alleviate the burden of such situations. If it were not for us “evil” investors, many more bank owned homes that are in a state of disrepair, continuing to degrade in value, appearance and habitability would exist. We also help many homeowners save their credit through means of a short sale which may allow them to purchase another home some time in the future. In some cases we are able to help keep them in their homes through a loan modification.
Another valuable service provided by the investor is restoration and beautification. We’re the ones that come in and buy up all those ugly houses and fix them up. We turn those run down neighborhoods into a flourishing place for families to be raised or a nice community for a couple to retire. Investors are like any one in any profession. Some are self-serving while others believe that the true meaning of success is helping others be successful. Investors are a necessary good.
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