All Forum Posts by: Jacques Hebert
Jacques Hebert has started 1 posts and replied 5 times.
No, I'm saying you shouldn't participate in the foreclosure process at all. Obviously. That doesn't seem like a complicated idea to me. Is a house being sold as a result of a foreclosure? Dont buy it. Buy a different house. You do not need to own that particular house.
Sorry if that's offensive. Just calling it like it is
Slightly different take here, I actually think it's immoral to take a foreclosure. It's just not right. You're profiting off of someone else's misfortune. It's almost as bad as selling drugs. I'd recommend not going through with it. Keep your soul clean
Post: Landlords in Communist China
- Posts 5
- Votes 0
https://en.m.wikipedia.org/wik...
Was just reading about this. Totally crazy. Millions of people killed just for being landlords! Apparently it wasn't even the military, like in most mass killings. The government just said they wouldn't prosecute anyone who killed a landlord, and the tenants rose up of their own accord and murdered their own landlords. Probably people they knew pretty well
Really makes me think. What would our tenants do to us if the government promised to look the other way? Scary
Post: 4 Unit in Farmingdale Maine
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- Votes 0
Curious as a new investor- with the cash flow so excellent, would you ever consider lowering the rent or covering utilities? Naively, I'd have difficulties sleeping at night feeling like that $1,500 was just coming out of my tenants' paychecks and directly into my pocket without any justification. Obviously you need to cover your initial investment, but after that. Is there any situation where you'd use your increased cashflow to make things easier on your tenants?