Dear Investor

Dear Investor,

When we moved into the outskirts of a blossoming frum neighborhood, I was nervous about the fact that there weren’t a lot of frum families around. I was worried I wouldn’t have company and that my children wouldn’t have neighbors to play with. Our broker joked that we’ll be the ones who will welcome all the new families with a tray of homemade cookies.

And he was right.

The people in the neighborhood were getting older and they were all looking to downsize or move somewhere warmer. Houses were going up for sale on a daily basis, and new families were moving in. It was just a matter of time before the neighborhood would become a frum community. Every time a house came up on the market, we’d watch with bated breath to see who our new neighbors will be

The potential was so exciting!

And then you came along….

You outbid all the people who wanted to settle in this up-and-coming neighborhood. You won the bidding wars and you got the house. Congratulations!

But you didn’t move in. You filled up the house with the highest-paying tenants. You may think it’s not that big of a deal, it’s only one house. You’re right. However, the next frum investor also only bought one house. And so did the next one. And the next one. Within a very short period of time, we got a lot (and by a lot I mean A LOT) of frum neighbors, but none of you moved in. The houses are all rented out to local families.