Thread 1: You can't sell your condo because it's underwater. You've never rented out property before, so you want advice on how to find tenants, write a lease, and run credit/background checks.
Underwater means you owe more to your mortgage than your house is worth. Never my situation. You are confusing me not wanting to sell during a dip in the market and realizing a loss instead of a profit. I elected to not sell it due to price I paid vs current market price rather than an unfavorable mortgage balance. Instead I hung onto the place although I considered selling it. That is not underwater, at least get the term correct before you accuse someone.
And whats wrong with asking for advice here? This forum for the most part is full of smart and resourceful people and most of my threads here are of me seeking a solution or answer to a question. I posted that question without alluding to any of my own experience, which was irrelevant.
Thread 2: Four months after becoming an accidental landlord who doesn't know how to run a credit check, you suddenly have extensive experience with multiple "units" and tenants.
Accidental landlord... dont even know what that means. And I said in my previous thread that I have experience from a family business that I was involved with since my teens, learning from my father who owns several residential and commercial properties. This experience predates my own purchase of first investment property. I don't have to own half a city block to be able to dispense sage advice. Nor do I have to acquire said experience firsthand either; learning from others (especially family) is perfectly acceptable. Before I even owned my first place, I already had experience with evictions, problem tenants and even gave testimony in court as an agent of my dad's company when we liquidated a security deposit from a messy tenant who later sued us.
Thread 3: You claim that you owned rental property before buying your first home, a nonsensical lie that's trivially disproved by thread 1. You also claim that the condo in thread 1 was not your first home, a lie debunked by the timeline in
this post: You lived with mommy and daddy until buying your first home in 2004,
lived there for 5 years until 2009, then moved out of state and posted thread 1.
I'm sorry I don't chronicle every purchase/sale/tenant change/life event here so you can catalog them and build a proper and accurate timeline of my life. And again, first purchase does not necessarily equal first home. Sorry if I use those words interchangeably and confuse you

My cousin purchased his first property and in almost 10 years he has owned it, has never lived in it. It has been investment property since day 1. I promise you that my life is more complex than the details I post here. If I omit details or shorten/simplify a story, it is so I can post something quickly without needing to write half an autobiography so years later someone like you can dredge all of this up and claim BS on my part when some facts don't add up.
You've also admitted to
tax fraud
You've never done any "creative accounting", taken a deduction larger than you deserved or worked a job under the table? Alrite this one I admit to, crucify me if you will.
If you
read that thread, the HOA failed to notify property owners of creation and subsequent enforcement of a bylaw and were going to penalize us for each month we were out of compliance. So I considered backdating the current lease and give them that as evidence (albeit falsified) that I was in compliance all along. So they fail to inform us of a new law and now want charge us penalties for non-compliance? Bullshit. I'm not going to pay penalties in this situation where they fucked it up. In any event, the HOA granted amnesty to all owners once they realized they failed to properly notify.
so your dishonesty is disappointing but not particularly surprising. Nor is it entirely your fault--a complete lack of integrity is the inevitable result of letting a spoiled brat mooch until he's 25.
Fuck you and you have no idea about me and my family. I lived at home until mid-20s but I was no mooch. Instead of paying rent and having room-mates, I rented from family. Why make some other landlord rich and have to live in ghetto apartments with room-mates like my other friends did? Instead I have family that get along with me and we also happen to be in financial agreement on many levels. I got to enjoy living at home, home cooking and many other perks. I still paid rent, paid utilities and had responsibilities above and beyond what I would have in a roommate situation such as taking care of an elderly grandmother and other familial duties. My father wasn't going to help out a son that was a deadbeat pot-smoking couch surfer. He was only going to help me and give me a favorable living arrangement so I could further myself and accelerate past others; but I had to be doing something with my life. True to that point, I worked a full time job, worked an internship and was a full time student in that time. A few months after my 24th birthday I purchased my first property with a six figure down payment (all funded my from own savings) and mortgaged the rest. I don't expect you to understand my living arrangement or my family's generosity but don't call me a mooch.
Another one who doesn't want to go along with the spirit of the thread. Thread is NOT about you rehashing everything you have ever written and all of your life. You've been nominated. That's all.
admin allisolm