Rich SF residents get a shock: Someone bought their street

Rich SF residents get a shock: Someone bought their street

Investor / Agent · Amsterdam, Noord Holland · Member since 2013 · 23 posts · 13 votes

Are there any investors from SF around here who could tell some more about this news article?

Seems to me they did a great deal. Would like to know the thoughts of some locals. $ 90k sounds like a good price but you probable need to spend a lot more on attorney fees. If I know Rich people (in The Netherlands) they would just keep going to court, just to bleed you dry on attorney fees and force you to sell cheap. How expensive could it get, even if you would win all cases?

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  • Investor · Los Angeles, CA · Member since 2016 · 577 posts · 240 votes
    9y

    So crazy.

  • Flipper · Utrecht, Utrecht · Member since 2016 · 3 posts · 1 vote
    9y

    Hey Jos, I'm from SF. I know a bit about this, clever infamous strategy. I lived 1 mile away from this street. Living in Utrecht now. Are you an agent for the commercial space?

  • Columbus, OH · Member since 2015 · 210 posts · 80 votes
    9y

    HOA missed paying for a very small amount of tax, that's why I don't buy anything with HOA, such as condos.

  • Walnut Creek, CA · Member since 2015 · 3k+ posts · 2k+ votes
    9y

    they are about to have a hearing on this sometime soon ( I think this month). Should get interesting, lot of WEALTHY and connected people.

  • Investor / Agent · Amsterdam, Noord Holland · Member since 2013 · 23 posts · 13 votes
    9y
    Originally posted by @Nathan Bui:

    Hey Jos, I'm from SF. I know a bit about this, clever infamous strategy. I lived 1 mile away from this street. Living in Utrecht now. Are you an agent for the commercial space?

    Dear Nathan, I've send you a private note. 

  • Flipper · Utrecht, Utrecht · Member since 2016 · 3 posts · 1 vote
    9y

    Hi Jos, I don't seem to have it yet.

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