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8 February 2025 | 10 replies
I just lost $10,000 in earnest money, will be sued for the sellers agent's commission, and my agent doesn't get a dime.
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7 February 2025 | 40 replies
Many investors lost a lot of $ with Safeguard in Jackson, MS.
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10 February 2025 | 8 replies
Didn’t have that words, knowing the situation, lost my game face in that moment and I knew it.
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7 February 2025 | 9 replies
In both cases I settled with the homeowner to avoid aggravation, lost time, and expensive lawyers.
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10 February 2025 | 21 replies
And all the folks that could never get a deal to close and lost their deposit to them and EM etc etc..
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4 February 2025 | 10 replies
Quote from @Devin James: In one of our development projects, the City staff asked us to remove 40 units from our concept plan.This wasn’t requested by the City Commission at a formal hearing, it was the opinion of the staff.Our original concept already proposed fewer units than the current zoning would have allowed.Here’s what erasing 40 units means:- 40 fewer homes for buyers- Over $1M in lost profit for our team- Fewer tax dollars and impact fees that could’ve benefited the City’s infrastructure & servicesWe gotta get betterEveryone wants more affordable housing, but not everyone wants to do what it takes to achieve it we never listen to the recommending bodies. we move for city approvals and work closely. the other thing we do is keep going back to the same groups over and over and over and over every month on the same agenda and make very small reductions like 2% or 4% and that reduces and beats them down eventually they accept what you want. it's just before beating a dead horse. we keep tabling until they give us something we all agree on then we go to vote. in our city in columbus we have to get recommendations but that's our strategy. we used to come out as aggressive as possible. we typically study developments in the area and keep it very similar in terms of density. we have a track record of very controversial projects and litigation and not taking no as an answer. after a year of that haha I can tell you it's not worth it. now we are more relationship based and buying the right kinds of plots of land. if the numbers don't work on the front end don't do the development.
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19 February 2025 | 2 replies
-Before each eviction, FPM sends a polished video claiming they’ll pursue the tenant in court and recover lost rent.
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19 February 2025 | 5 replies
For context when we do this our biweekly payments have been around $485 per paycheck so around $1,000 per month of lost income per person when we both do it.
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15 February 2025 | 8 replies
I have been sued multiple times by tenants and never did a thing wrong and never lost a case.
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3 February 2025 | 6 replies
All residents but the smokers have lost use of their balconies and keep windows closed now.