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re: Nearly a Million Americans Fear Losing Their Home to Foreclosure in the next two months

Posted on 10/20/22 at 8:59 am to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261531 posts
Posted on 10/20/22 at 8:59 am to
quote:

There were idiots on this board paying ABOVE appraisal last year for a house


Going to be a lot of angst over the next couple of years.

If you're in a good position, the opportunity will be incredible though. Good chance to position yourself well going forward.
Posted by Friscodog
Frisco, TX
Member since Jul 2009
4481 posts
Posted on 10/20/22 at 9:57 am to
quote:

If you're in a good position, the opportunity will be incredible though. Good chance to position yourself well going forward.


This is kinda what scares me.. If a good opportunity presented itself, I could pick up some property and use it as a rental. My two biggest concerns are if the renters totally trash the place causing thousands or tens of thousands of dollars in damages, or the government continues to do stupid things like passing laws where renters or squatters have more rights than the owners..
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