Joshua Dorkin
Beware of the Real Estate Guru Trap: What to Look for & How to Protect Yourself
20 October 2020 | 122 replies
Such activities may already subject the seller to administrative penalties, civil liability, or criminal punishment, but significant obstacles under current law impede both the successful prosecution of bad actors and the recovery of civil damages on behalf of a victim.
Sam White
Texas Property Tax Blood Bath
13 September 2017 | 69 replies
Property taxes are based on how much your neighbor was paid to leave the area and then you're punished with his/her assessment, regardless of your current income/misfortune/hardship.For now, don't improve your property and leave it moldy.
Stinson Bland
Don't Make These Mistakes
30 June 2011 | 2 replies
Great story, the only puzzling piece is that the seller did not call you back and explain what had happened and thank you for your insight, perhaps a deal could have been struck with you, although I can see how the emotions took over and the need to punish the foolish person who called himself an investor.Let this be a leeson to anyone who is intrigued with becoming a wholesaler, learn the ropes and do things right or make a bad name for yourself and likely not make any money, just enemies.
Joe A.
Would you evict a 102 year old woman?
5 June 2019 | 163 replies
“It just shows a perfect example of how tenants without strong rent-controlled protections are vulnerable to displacement and injustices.”I would not have given a vacate notice to ANYONE who paid my mortgage for the last 30 years and kept the place nice (I would have just found another deal and housed my daughter there or worked with the family in an effort to coordinate a plan for housing the tenant to soften the blow), but landlords should not be punished and criticized in general when following the current laws that were put in place.
Carol Donaldson
Horror story - self directed IRA. Any advice?
10 January 2016 | 7 replies
@Carol,I agree with the other posters that you should publish the name of the company so the marketplace can punish them for their ineptness by not doing business with them.What you are describing has a foundation in actual compliance, but sounds quite out of line, and their unwillingness to work closely with you to resolve the problem is entirely unacceptable.A pension rollover should not require a statement.
Scott Kronzek
Looking to buy my first rental
9 December 2017 | 17 replies
another thing to look out for, especially in that area, is if they count the basement as a bedroom or not. that can totally screw up the numbers either way. some agents count it, some don't. there's not much punishment on those who count it when it shouldn't be legally considered a bedroom. just a thought for when you're looking at your numbers
Ellie T.
Would you sell, or hold?
7 April 2017 | 5 replies
Consider the tax punishment for selling it.
James Wise
"Subject To" Real Estate Investing is Slimy. Prove me Wrong.
7 October 2022 | 229 replies
I won't try an refute that the DoD doesn't like people who don't pay their bills, but he's at 14 yrs so probably can't be NJP'ed and none of the punishments that would befall him make the seller whole again.
Corey Conklin
My Opinion on Building Generational Wealth
18 November 2023 | 94 replies
LOLIf I said that I dont wanna go to college to my dad so many decades ago, I don't know what kind of punishment I would get LOL LOL it's almost like college or die situation. lol