WTF! Wednesday v6
July 14th, 2010
Good ‘ole volume 6 of this series.? Don’t have a bunch of time so I’ll hop right into it.
A few posts ago I spoke of a short-sale that I lost.? Well I fell victim to what happens all-to-often to investors nationwide.? There was a guy (yeah him) who inherited a property from his Mom and made it into a rental a few years ago.? He said that he had problem tenant after problem tenant, poured a lot of money into the property, as he did nothing but make repairs and evict people.? The last tenants caused him to become delinquent with his lender (American Home Mortgage) and he wanted to prevent foreclosure.
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