distressed assets, page-6

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    Hi CW,

    Thank you for your timely response.

    I see that it is not really possible for the likes of individuals to buy up severely distressed assets you mentioned with out a combination of experience and specific contacts in banking or institutions. Also a considerable amount of funds is required.

    I supose though there is always opportunity for any of us to buy cheap through agents if you have cash, patience and a acute knowledge of the value of what is for sale.

    The old adage of 'it is not what you know but who you know' rings true too.

    Cheers

    Retrac

 
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