Forbes featured MACK Companies in this month’s issue and they had this to say, “If you haven’t the time or temperament to supervise renovations or renters, consider “turnkey” property investing.” New companies are popping up everyday but we here at MACK believe we do it best and our investors can speak to that.
The six-year slide in U.S. home prices and the dollar’s weakness against some currencies are driving a property-buying binge by Asians, Canadians, Europeans and Latin Americans eager to own a piece of America. Plowing money into real estate may sound like a risky venture to many Americans. But to growing numbers of foreigners, U.S. housing has never seemed a smarter investment.
“It’s hard to look at the rock-bottom prices for foreclosures and short sales in the Chicago area and not feel you could get a great deal.” We could not agree more. Of course buying such properties can be a very frustrating and time-consuming process, filled with potential risks. However, MACK has develop a AAA+ investment strategy which makes it easier for you to invest in such real estate properties by redeveloping the home, renting it to great tenants and managing the property for you.
Strong investment market and rental trends drive outstanding year for MACK Cos.
CHICAGO (June 6, 2012) – MACK Companies, the largest owner of single-family investment properties in the Midwest, has announced that the firm completed 102 investment sales between June 1, 2011 and May 31, 2012, the company’s fiscal year. This was an increase of 540 percent over the previous year. James McClelland, president and CEO of MACK Companies, and Eric Workman, vice president of sales and marketing for the Tinley Park, Ill.-based firm, made the announcement.