Agreed, the best thing you can do is get them out as soon as possible, and try and recover as much as possible.

.- 1 interior in process (pre-leased)- Remaining LTL $14,000Upon Completion- Projected Income $100,000- T-12 OpEx $36,000- Projected NOI $64,000Annual ($765,000 annually)Valuation - At 5 cap: $15.3M- At 5.5 cap: $13.9M- At 6 cap: $12.75MBy the time we've recovered the remaining units (12 months or less) and materialized the $14,000 of LTL, we will have increased the NOI from $25,460 at acquisition to over $60,000.

While its true that both the housing and financial markets have seen some pretty wild highs and lows the last 10 years, most investors have certainly recovered more of their stock portfolio with over 50 S&P500 record highs last year, than RE investors did with the paltry appreciation rates last year.

The plaintiff had a default judgement against the borrower and the judge felt they were entitled to try to recover from any assets that the borrower had any interest in.

I hope you and your wife have recovered from that fire.Thank goodness I do take pictures, and I'm due for an insurance review.

Take chances now while you have the time and strength to recover if SHTF.

Just curious if anyone has experience recovering this cost from the title company or have suggestions on preventing?  

Those were cash buys and I'll start the loan paperwork soon to cash-out, hope to recover 90+% of the cash

Kitchen cabinets are filthy but are solid wood and can be recovered until we replace them in a year or two.

And UK to recover previous bonuses that were paid in previous years.