Forum Replies Created
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AuthorPosts
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jimg111
ParticipantDo not go anywhere near REITs as they are imploding as we speak. If you want some data just go to zerohedge.com and he has done extensive research on REITS. Vacancies increasing at alarming rates and their loans reset next year and the year after. It will be quite bloody for the next couple years for REITs.
I agree the market has risen too fast to support the fundamentals and we could see a major correction as soon as late July or early August.
Just my opinion.
jimg111
ParticipantDo not go anywhere near REITs as they are imploding as we speak. If you want some data just go to zerohedge.com and he has done extensive research on REITS. Vacancies increasing at alarming rates and their loans reset next year and the year after. It will be quite bloody for the next couple years for REITs.
I agree the market has risen too fast to support the fundamentals and we could see a major correction as soon as late July or early August.
Just my opinion.
jimg111
ParticipantDo not go anywhere near REITs as they are imploding as we speak. If you want some data just go to zerohedge.com and he has done extensive research on REITS. Vacancies increasing at alarming rates and their loans reset next year and the year after. It will be quite bloody for the next couple years for REITs.
I agree the market has risen too fast to support the fundamentals and we could see a major correction as soon as late July or early August.
Just my opinion.
jimg111
ParticipantDo not go anywhere near REITs as they are imploding as we speak. If you want some data just go to zerohedge.com and he has done extensive research on REITS. Vacancies increasing at alarming rates and their loans reset next year and the year after. It will be quite bloody for the next couple years for REITs.
I agree the market has risen too fast to support the fundamentals and we could see a major correction as soon as late July or early August.
Just my opinion.
jimg111
ParticipantLooks like that question has been answered. All of our orders say “any and all occupants”.
jimg111
ParticipantLooks like that question has been answered. All of our orders say “any and all occupants”.
jimg111
ParticipantLooks like that question has been answered. All of our orders say “any and all occupants”.
jimg111
ParticipantLooks like that question has been answered. All of our orders say “any and all occupants”.
jimg111
ParticipantLooks like that question has been answered. All of our orders say “any and all occupants”.
jimg111
ParticipantGMAC will file an eviction against the previous owners to vacate the property, this will take at least 60 days, 90 days for tenants, so depending on when the the trustee sale was then they have time. Did anyone show up yet to offer cash for keys? That is the first step from the bank’s playbook. If you don’t want to play then they proceed to evict but even then the 5 day notice is posted before the sheriff shows up. Just did one today where we got the asset after the sale in February and the tenants stayed until yesterday and we took possession this morning.
jimg111
ParticipantGMAC will file an eviction against the previous owners to vacate the property, this will take at least 60 days, 90 days for tenants, so depending on when the the trustee sale was then they have time. Did anyone show up yet to offer cash for keys? That is the first step from the bank’s playbook. If you don’t want to play then they proceed to evict but even then the 5 day notice is posted before the sheriff shows up. Just did one today where we got the asset after the sale in February and the tenants stayed until yesterday and we took possession this morning.
jimg111
ParticipantGMAC will file an eviction against the previous owners to vacate the property, this will take at least 60 days, 90 days for tenants, so depending on when the the trustee sale was then they have time. Did anyone show up yet to offer cash for keys? That is the first step from the bank’s playbook. If you don’t want to play then they proceed to evict but even then the 5 day notice is posted before the sheriff shows up. Just did one today where we got the asset after the sale in February and the tenants stayed until yesterday and we took possession this morning.
jimg111
ParticipantGMAC will file an eviction against the previous owners to vacate the property, this will take at least 60 days, 90 days for tenants, so depending on when the the trustee sale was then they have time. Did anyone show up yet to offer cash for keys? That is the first step from the bank’s playbook. If you don’t want to play then they proceed to evict but even then the 5 day notice is posted before the sheriff shows up. Just did one today where we got the asset after the sale in February and the tenants stayed until yesterday and we took possession this morning.
jimg111
ParticipantGMAC will file an eviction against the previous owners to vacate the property, this will take at least 60 days, 90 days for tenants, so depending on when the the trustee sale was then they have time. Did anyone show up yet to offer cash for keys? That is the first step from the bank’s playbook. If you don’t want to play then they proceed to evict but even then the 5 day notice is posted before the sheriff shows up. Just did one today where we got the asset after the sale in February and the tenants stayed until yesterday and we took possession this morning.
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