A Novel Approach To Boosting Property Values

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

1 minute read

July 16, 2004, 8:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

"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."

Thanks to Becky Bradley

FULL STORY: Go paint your neighbor's house

Thursday, July 15, 2004 in CNNMoney

Community / Economic Development United States

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