A Novel Approach To Boosting Property Values

Posted by: Abhijeet Chavan
Thanks to: Becky Bradley

16 July 2004 - 8:00am

A team approach to improving a neighborhood while getting a good return on investment.

"In 1996, David Frayne, now Affinity's head of research and development, rallied friends and family to buy property in Oakland, Calif., where real estate was cheap compared to prices in San Francisco. He thought they stood a better chance of improving their property values by buying in the same neighborhood and fixing up their houses at the same time....Affinity focuses on buying undervalued property, fixing it up and selling it for a profit."

Full Story: Go paint your neighbor's house

Source: CNNMoney, July 15, 2004

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For the past half century we have been building communities for the wrong reasons. We built them to sell cars. This created all sorts of problems.

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Read the full article, written by Tim Halbur.