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Not my point

Posted by 2nd to Greg on August 25, 2010 at 7:11 PM

In Reply to: Re: Not with Greg bidding up the prices in OC! (nt) posted by JK (the other JK) on August 25, 2010 at 5:34 PM

I'm sure Greg has been phenomenally successful (and that's what is allowing him to do what he's doing).

My point is that he is bidding up and buying boat loads of property at prices that aren't possible for most of the smaller bidders. I'm not saying he's doing anything wrong. He's squeezing the competition out and if he can afford to do it, maybe that's the right move. I know for a fact he's losing money on a good number of deals lately, but I'm not seeing him let up on the bidding. Don't worry JK, it's not personal.


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