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Results (5,809+)
Guadalupe Esquivel "Subject To" Deals
14 September 2019 | 18 replies
In addition the seller has given you the buyer a deed and if you don't perform they are generally SOL as you walk and their house gets foreclosed by bank because they don't have the means to cure. and now they have a full blown foreclosure on their record.There is a ton of abuse in this model with under capitalized sharks talking unsophisticated sellers into this scheme...
Robin Schumacher Rules of thumb/key criteria for multi-family purchase
7 September 2013 | 6 replies
I also dislike All bills paid as the tenant abuse the use of utilities if they do not have to pay them.
Jason C. 80 year old "Joe" wants to sell his duplex.
27 June 2012 | 12 replies
You need to be careful about elder abuse.
Gene Hacker I don't think I bought the lot next door...
12 January 2013 | 25 replies
California has pretty strict eviction laws and its common for abusive landlords to be hit with punitive punishments so I need to be careful about how I proceed.
Lucas S. Advice For Dealing With Squatters In Adjacent Property?
14 August 2013 | 11 replies
The water got cut off and the lady has been going around the neighborhood getting water from people for the last month or so, the property smells terrible there is constant alcohol going in and out of the property, druken abusive fights, etc. . .
Kenneth Davis A new tenant of mine told me he does not intend to turn on his electricity
16 September 2014 | 19 replies
Most likely he is an expert on whatever his perseverations are, and if you have a question about about his special interest,if he does not know the answer he will research it and tell you]Our 'weirdness" is why we are treated as "less than" to such an extent that for those of us who are Autistic, 95% of us [ both male and female] have been sexually abused [ being too weird to be human makes it okay to those who hurt us I assume] and we are 28 times more likely to attempt suicide. 
Scott Passman Covid-19 Shutdown Tipping Point
27 April 2020 | 3 replies
While shutting down some businesses and social distancing has no doubt reduced transmission, slowed the progression, and reduced the number of lives lost, the second and third order effects of all the shutdowns and isolation is taking many more lives from things such as suicide, drug overdose, alcohol abuse, delayed testing/treatment for other life-threatening conditions etc.
Michael Stole How do banks choose the listing agent?
13 November 2011 | 9 replies
Residential REO volume has gone down significantly because of the ROBO fiasco and doing workout loan mods in pre-foreclosure and short sales.There is a difference between a commercial OREO broker and a residential REO one.Residential many REO asset companies have just a few assets trickling in for the amount of agents that have applied.So these companies charge computer platform and system fees and mandatory training sessions and bilk the agents out of what little cash they have.The net 45 days is also not true in many cases.They are supposed to pay in 45 days but many times delay payment for 2 months or longer.This makes the banks or asset companies float interest free loans using and abusing the reo brokers/agents.Then too add insult to injury they take a 1 percent fee off the top with only a 2 percent payout afterwords.Sometimes the bank will start the listing price high even though the listing brokers opinion doesn't agree with them.Then they re-assign to another agent and take a mark down and you are still chasing the bank to pay you the costs incurred with the listing.What you don't have on the reo listing side is CONTROL.Some of the big REO companies HAVE TO sell hundreds of properties a year with volume or they actually LOSE MONEY.For this reason many of my friends have gone to the pre-foreclosure side which is what I work on the commercial side more.Since I work with the borrower the bank has to deal with me to close a transaction versus trying to get into a "good ole boy" network where a company might have a 50 year relationship with a bank already.You can't focus on what you can't control but just take advantage of the opportunities that present themselves and capitalize on them.
David Kohn New to the Site
26 May 2015 | 8 replies
not sure if you are legally allowed to buy it in 6 weeks if you look at it NOW while it is with a realtor. so please look into that first prior to looking at the property. if it is necessary to wait to view the property until after it is no longer with a realtor, so that i do not have to pay realtor fees to him, then don't look at it until it is no longer with him, otherwise this is defeating the purpose i am trying to sell it to an investor on my own, without the realtor. the property address is 3645 n fountaincrest dr, knoxville, tn 37918. and it is currently with a realtor, but the listing expires in 6 weeks, and want a cash sale from an investor as soon as possible. if you are able to buy it NOW, if i cancel the contract with the realtor, if that is an option, i will be glad to do that. but i can not take an investor's price and also pay the realtor, so please make sure you know if you are able to view it, or buy it while i have it listed with him, also, if you know if i am able to cancel the listing with him now if you would like to buy it now, that is great also, otherwise, we wait 6 weeks. the house is all brick approx 2500 sq ft, 2 car garage, and in a great neighborhood. as i said, no repairs needed, in fact i wish i never moved, because i am not being able to get this sold due to it needing updates. if i had known this, i'd never have moved out of it. i lived there the past 3 years and i know it needs updating but the house is more than liveable condition, and if i'd known nobody would buy it without updates i'd have just stayed there. this is a great investment for someone. i've already had investment offers through the realtor, but then of course by the time the realtor takes his cut, it really messes up the amount of cash i recive from it, and i've got to use the funds to pay down the house that i bought that i currently live i n now, and i paid way more for it, and was expecting to basically make an even swap. i only moved because i had an abusive xhusband that i didnt want him to know where i lived anymore. i loved that house, and maybe if i sell it directly to an investor, i can actually do ok. i'm letting it go for way less than what it is going to sell for according to the investors that already made an offer, they expect the house will sell for 185k after updates. i have the house listed at 129k with the realtor, after having originally had it for sale for 150k to start with. which is what i think it really should have sold for. 
Mike Roy Six months into my first investment property in Maine
12 November 2015 | 4 replies
Also, the previous owner had a Section 8 tenant and was paying their electric, which they abused ($150/mo!)