Comments on: What Could Go Wrong? Investors Pile Into Housing, This Time as Landlords

By: neidermeyer

neidermeyer — Tue, 26 Mar 2013 23:32:45 +0000

just imagine if you owned 2000 rentals and no one paid and ransacked the joint everytime they where evicted. How much would they be making then?
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All it takes is getting a listing of available properties from the property manager and verifying bankster ownership on the county website… a $45 set of jiggly keys or “bump” keys will get you in … 5 minutes is all it takes to wipe out 5 years of profits. NOT THAT I’M ADVOCATING TAKING ANY ILLEGAL (BUT HIGHLY EFFECTIVE) ACTIONS.

By: neidermeyer

neidermeyer — Tue, 26 Mar 2013 23:27:56 +0000

In reply to Pamela Edwards.

Any way to really screw with the screws? non-stop demands to fix plumbing and electrical gremlins for starts ,,, then file claiming to be in adverse possession… attack the sale(s) and standing of parties … move in and go back to the original owner and get a second lease agreement from them AND RECORD IT … just plain go nuts with it .. make owning one of these hell…

By: PigSlayer

PigSlayer — Tue, 26 Mar 2013 21:53:55 +0000

Well maybe some day they will all be put in jail for fencing stolen good’s. So lets rent our own homes and then don’t pay and stay in it until they evict you in court this takes at least 3 months your credit is a farce anyway. just imagine if you owned 2000 rentals and no one paid and ransacked the joint everytime they where evicted. How much would they be making then? GREEDY PIGS think they are smart investor’s. So dumb and numb they can’t feel themselves chewing on their own leg’s. HERE PIGGY PIGGY! Just kill the land lord and burry them in the back yard. THE RENT IS PAYED!

By: Granicus

Granicus — Tue, 26 Mar 2013 19:32:05 +0000

Just another bubble. The investors will be shafted and the middle men will reap the profit. The titles are clouded for sure. I guess we will have to wait until sometime in the 2020’s to see any thing close to a sustainable housing market.

By: no names, please

no names, please — Tue, 26 Mar 2013 18:48:57 +0000

Son of a bitch. They steal our homes and then rent them back to us.

By: Sarah

Sarah — Tue, 26 Mar 2013 16:52:20 +0000

The rent might not be paid, that can happen. These real estate goons are into flip mode, just like they were back prior to bubble collapse, gushing with enthusiasm as they work to score big. The collapse never really hurt big capital, they were bailed out and rescued and want a return to the good ol’ days when the gettin’ was good. Yeee Hawww!

By: jaclyn

jaclyn — Tue, 26 Mar 2013 14:35:58 +0000

Already in my town. Thank you for this info.. it made my stomach turn but I now feel validated. The physical changes to my neighborhood are easy to see. Investors are swarming in, tearing down historical remembrances of this small beach town , building town houses and condos…getting variances or whatever they need to build as high as possible to get that ocean view. This Mom and Pop beach town may be slipping away. Home owners and individual buyers are shut out of the market, as foreclosed beach town cottages are being bought up and torn down all around me. Anyone else see changes in their neighborhood ?

By: m, lane

m, lane — Tue, 26 Mar 2013 13:48:47 +0000

I have rented in two REITS and since REIT management refuses to tell you who your neighbdors will be, I ended up next to druggies each time.

But for extra money they let you bring a dog.

By: Pamela Edwards

Pamela Edwards — Tue, 26 Mar 2013 13:19:10 +0000

Coming to a town soon in your area.Wonder if any of these people are aware that none of the titles are clean and they don’t truly own anything.Not the brightest lights in the harbor.