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10 January 2025 | 22 replies
You will have tenets who destroy your place, use it as a trap house or drug den and will accuse you of being a slumlord no matter what.
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7 January 2025 | 7 replies
They recognize the buyer can destroy the seller credit, but they are in such dire straights that the risk is justified 2) the seller knows the buyer and has so much trust in the buyer that they have every confidence that the buyer will perform on the loan.From a buyer, it provides a means to get an interest rate from NLT q1 2022 that is a fraction of today’s rate.
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12 February 2025 | 106 replies
Foundation issues are very very real there and can really destroy returns if not careful.
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14 January 2025 | 17 replies
Same thing happened where I am in areas where there were fires that destroyed towns or in areas where hail storms are more frequent.As for blame, there is no point blaming anyone, just learn from what happened and try to prevent it again (not fires because they will happen, but things like running out of water) or reduce the damage if it does happen again at that scale.
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12 January 2025 | 20 replies
And to my first point, a good tenant will not only pay on time each month, but the good ones don't destroy the place either.
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29 January 2025 | 21 replies
Or if the event never occurs, destroy it like it never existed.In states where a deed is effective immediately upon execution that would not be possible.Of course as stated previously a pocket deed if recorded does violate the borrower's right of redemption and the right to have a property sold at a commercially reasonable foreclosure sale.
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11 January 2025 | 12 replies
Your renters will destroy these items and want you to replace them.
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7 January 2025 | 20 replies
Sub 30k houses are an absolute disaster with a tenant pool that will destroy your properties and make your life miserable.
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20 January 2025 | 57 replies
You fail to pay off the loan in 30 days and they start a foreclosure proceeding which destroys the previous owner's credit10.
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4 January 2025 | 19 replies
Left the place destroyed and broke a chair.