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Getbig Main Boards => Gossip & Opinions => Topic started by: davej1963 on August 22, 2014, 07:27:07 PM
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http://www.zillow.com/homedetails/17616-Romar-St-Northridge-CA-91325/20169309_zpid/ (http://www.zillow.com/homedetails/17616-Romar-St-Northridge-CA-91325/20169309_zpid/)
17616 Romar St, Northridge, CA 91325
Foreclosure Information
JUNE 12 2014 Foreclosure auction
The owner of this property has been served a Notice of Sale.
This property was scheduled to be sold at a foreclosure auction on 06/12/14 at 9 a.m. at 13111 SYCAMORE DR, NORWALK. Because auction dates often change or are postponed, it is unknown at this time if this auction was held. Please confirm with a foreclosure specialist.
Home in default Public records indicate the owner of this property is in pre-foreclosure.
DEC 20 2005 Loan issued A loan was issued on 12/20/05.
JAN 25 2002 Previous sale $345,000 This home last sold for $345,000.
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Guys a damn dirty bastard if that is really his house!
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The world has to have it's failures....
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That's what 345000 can get you there, what a fucking shithole. Take a look at what that same amount will get you in texas, it will blow your mind
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That's what 345000 can get you there, what a fucking shithole. Take a look at what that same amount will get you in texas, it will blow your mind
That is what I thought. He should have at least cleaned up the place.
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I thought this guy was wealthy and made his money in real estate? Bought his first house at 23 or some thing like that? Sure this wasn't in like Victorville? Lol
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If this really is his, damn what a slob. Physiologically speaking, when you live like that, it's a sign of disorganization along with depression. Place is a pigs sty.
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That's what 345000 can get you there, what a fucking shithole. Take a look at what that same amount will get you in texas, it will blow your mind
Yep
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I thought this guy was wealthy and made his money in real estate? Bought his first house at 23 or some thing like that? Sure this wasn't in like Victorville? Lol
What his ex said about him was all true. This is/was his house with the all important love it kill it hats and tees all over the place.
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What his ex said about him was all true. This is/was his house with the all important love it kill it hats and tees all over the place.
Read my edit.
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That's what 345000 can get you there, what a fucking shithole. Take a look at what that same amount will get you in texas, it will blow your mind
The surrounding houses are between 5 and 700k so that house could be a good flip.
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I don't know what's dirtier, Rich's house or his kidneys
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Looks like it should be on Storage Wars.
Good luck, Rich Pianna if you can make $200,000 that's two new kidneys. :-X
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He can still sell his cars and save it. :P
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He can still sell his cars and save it. :P
Those salvages aren't worth much.
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Those salvages aren't worth much.
You are underestimating the price of scrap.
A Bentley is close to 6,000 lbs.
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Those salvages aren't worth much.
Shhhh... no one knows that.
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My prediction is you will see a lot of illegals walking around in kill it shirts
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I think this is the house with the nice pool? If it is that is a good buy.
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But he is having a Fre Post Olympia party.With Free admission, free drinks, and a bunch of free stuff,lol.Plus you can entire a guy and girl body contest and admission is free,lolHe is a pretty generous guy if he is losing his house, but is throwing a free party.The problem is with bodybuilders, they wont thank him for the party or even remember who even threw the party.If anything they will say the party sucked, and want more free stuff, lol
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I think this is the house with the nice pool? If it is that is a good buy.
Yes, but how much is it going to cost to get all the oil out of the pool?
(http://upload.wikimedia.org/wikipedia/commons/2/22/USCG_Marcus_Hanna_prepares_to_skim_spilled_oil_-b.jpg)
(http://www.thegreenbook.com/advertiserfiles/productshowcasepictures/main/i/i551583249/ergon_oil_spill_response_kit_interelated_instruments_services_pte_ltd2012_02_04_11_05.jpg)
(http://www.oilspillnews.net/wp-content/uploads/2010/08/1281765612-24.jpg)
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He should go to work for the democrats. They're really good with finances.
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My prediction is you will see a lot of illegals walking around in kill it shirts
Hah! Epic.
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But he is having a Fre Post Olympia party.With Free admission, free drinks, and a bunch of free stuff,lol.Plus you can entire a guy and girl body contest and admission is free,lolHe is a pretty generous guy if he is losing his house, but is throwing a free party.The problem is with bodybuilders, they wont thank him for the party or even remember who even threw the party.If anything they will say the party sucked, and want more free stuff, lol
HAHA. No shit.
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He should go to work for the democrats. They're really good with finances.
You just can't hold it in can you? Lol ;D
Even when the topic has nothing to do with politics.
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That's actually a good deal, assuming it goes for that
Do a Home Depot flip and you'd maybe make $75k profit with the way the market is... and get a few boxes of Retard Wear shirts out if the deal too
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spent all his money on fucken tattoos.
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Wow looks like a fucking Chinese sweat shop
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You just can't hold it in can you? Lol ;D
Even when the topic has nothing to do with politics.
;D
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thats where he lives? jesus what a dump.
what happeend to the cars and the house w the big pool?
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thats where he lives? jesus what a dump.
what happeend to the cars and the house w the big pool?
That is the house with the pool and the cars which he, his gf and ex wife vacated about a month ago.. The pool is still there but they chose not to picture it. If you do the street view you can see the cars in the driveway. Public records on the property are interesting.
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Strong guy, looks like complete shit...
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Strong guy, looks like complete shit...
thats not what the video is about tho....
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George Leeman has potential to be the wsm some day. Needs to start training strongman specific events.
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George Leeman has potential to be the wsm some day. Needs to start training strongman specific events.
he has more potential to be a professional stand up comedian and make top dollar
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No seriously, ive been following him for a while. He has the structure of the current elite wsm. Crazy strength at such a young age. Crazy deadlift strength which will translate well into many wsm events.
He could do it.
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He's got the height, steel cable tendons judging by that horrific form in the incline press but gym strength doesn't translate into strongman at all.
I know a Canadian strongest man contestant who weighs 400+ and is a monster at events but dead lifted and benched less than I did at 220.
More important ,halo is back? For reals or is this "someone" who recently left using his account ::)
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He's got the height, steel cable tendons judging by that horrific form in the incline press but gym strength doesn't translate into strongman at all.
I know a Canadian strongest man contestant who weighs 400+ and is a monster at events but dead lifted and benched less than I did at 220.
More important ,halo is back? For reals or is this "someone" who recently left using his account ::)
not a snowball chance in hell
lightweight
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Disagree...gym strength is a good foundation for wsm. Especially the deadlift and squat which are often wsm events or variations thereof.
George Leeman is one strong young man. Just needs to train the events and he will improve and translate that strength over.
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Lol Amy was right!! I'm going to send her this thread and see if she will comment :)
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You just can't hold it in can you? Lol ;D
Even when the topic has nothing to do with politics.
Why u being "nosey"?
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That's what 345000 can get you there, what a fucking shithole. Take a look at what that same amount will get you in texas, it will blow your mind
California for u buddy :D
Depends on area of course but a good home in a good area is going to be around 700k to 1 mil
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One day u may (foreclose) ;D
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I think this is the house with the nice pool? If it is that is a good buy.
Don't think this place has a pool. If it did there would have been a photo.
It is dirt cheap for Northridge.
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That's his place. I think the scene with the pool was filmed at another house - I think even Rich admitted that. Anyone recall?
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If this really is his, damn what a slob. Physiologically speaking, when you live like that, it's a sign of disorganization along with depression. Place is a pigs sty.
You know, when Coach calls you on your physiology, it's all over. ;D
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that's a damn good deal for southern cal. north park has 700 sq ft houses going for that. the house is nice, he's just dirty.
is he not a 5%-er anymore ???
that dog in the doorway is his. i thought the house was paid for and he was collecting rent money in texas.
lies ???
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spent all his money on fucken tattoos.
The market just needs to tighten up. ;D
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He can't afford even $1500 a month
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To make money in the supplement industry you have to be a liar and good at it. Maybe he just couldn't do it any more.
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He was saying a while back that in 2005 when this house went up to 700k value he borrowed against it and bought properties in Texas.
Once the Cali market crashed he stopped paying the loan on this one and has lived rent free here for several years.
Whether he'll be able to keep the other houses now is anybody's guess...
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He was just fronting
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You know, when Coach calls you on your physiology, it's all over. ;D
Spell check. I spelled psychologically and it came out well, you know
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tbh the house interior looks like the typical messy house of a drug addict
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Amy did not lied.
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Anyone asking him about it on Twitter?
https://twitter.com/BigRichPiana
THE BEEF
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Trust me. It's his house.
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His ex girlfriend called it..
He is dead broke with no health insurance and no steady income ;D
Groink gave Amy a lot shit about what she was saying about rich..
And it was all true ;D
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Proto typical bachelor pad.
Is this the same palatial estate that GB went ga-ga for a couple years ago when he showcased his after after market -appointments on all his 5-6 year old autos on his front lawn and had his dogs fetch tennis balls in his waterfall/swimming pool?
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With the rise of oil prices, he chose the needle rather then the shelter
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Proto typical bachelor pad.
Is this the same palatial estate that GB went ga-ga for a couple years ago when he showcased his after after market -appointments on all his 5-6 year old autos on his front lawn and had his dogs fetch tennis balls in his waterfall/swimming pool?
;D
QFT
There were a lot of nuthuggers on that thread..
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(http://i.minus.com/ibwGWsMsQ8kzCP.gif)
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(http://i.minus.com/ibwGWsMsQ8kzCP.gif)
Look at those hips. I want that
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(http://scienceroll.files.wordpress.com/2013/12/inception-collapsing.jpeg)
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(http://www.scholastic.com/content/images/articles/k/kr_kidsread_080310_oilspill_fixed.jpg)
He bashes supplements, yet still he tries to fool the kids with his own snake oil.
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(http://www.scholastic.com/content/images/articles/k/kr_kidsread_080310_oilspill_fixed.jpg)
He bashes supplements, yet still he tries to fool the kids with his own snake oil.
01:15 parody
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(http://i.minus.com/ibwGWsMsQ8kzCP.gif)
:o :o
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The beginning of Piana's slow and public downfall has begun. Prepare for impact.
Perhaps he hasnt burnt all his bridges in the industry and can get work promoting for some brand. He did have some apparent appeal to people. I expect his supplement line and clothing line to go completely tits up in short order.
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House and gardens are an absolute clip the lazy cu nt
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With the rise of oil prices, he chose the needle rather then the shelter
;D
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He was saying a while back that in 2005 when this house went up to 700k value he borrowed against it and bought properties in Texas.
Once the Cali market crashed he stopped paying the loan on this one and has lived rent free here for several years.
Whether he'll be able to keep the other houses now is anybody's guess...
Like lots of other people who live, or use to live in Cali.
Rich lies about everything. He tried his best to front and keep up with the Jones', but couldn't.
The bank will most likely put a lien on those TX houses... if he still has them.
Rich's 15 minutes are down to mere seconds now.
Rich has a bright future... Venice beach pan handling and/or G4P.
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(http://i.minus.com/ibwGWsMsQ8kzCP.gif)
:P :o
Who is this gorgeous creature?
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Like lots of other people who live, or use to live in Cali.
Rich lies about everything. He tried his best to front and keep up with the Jones', but couldn't.
The bank will most likely put a lien on those TX houses... if he still has them.
Rich's 15 minutes are down to mere seconds now.
Rich has a bright future... Venice beach pan handling and/or G4P.
Yeah, the creditors will find out what else (if anything) he owns, but if he's like most of these wannabe real-estate tycoons, he either lost those also to delinquent taxes / foreclosure, or at best probably already has those other properties still mortgaged to the tits as well. They'll probably have to settle for garnishing any "wages" he might get from any possible "jobs". ;D
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Yeah, the creditors will find out what else (if anything) he owns, but if he's like most of these wannabe real-estate tycoons, he either lost those also to delinquent taxes / foreclosure, or at best probably already has those other properties still mortgaged to the tits as well. They'll probably have to settle for garnishing any "wages" he might get from any possible "jobs". ;D
That's why Venice beach pan handling and G4P are good options for him... those "wages" cannot be garnished or taxed.
Cali is one of the worst states in the US to get into financial trouble. Once a judgment is granted, the creditors have carte blanche to do almost anything they want. If there is a paper trail, they'll find any/all assets and take them. Owning a home is suppose to be part of the American dream, but it's a nightmare if you get into financial trouble. Any/all previous mortgage payments you made do not matter... you'll never get that cash back.
This is the main reason why it's best to avoid a paper trail and keep cash at home in a fireproof safe. Keeping large amounts of cash in a bank is the worst thing you can do. The more you avoid the banking system, the better off you'll be.
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I keep very little in my own name. I'm big on using corporate structures, trusts, etc. I don't carry debt, but I'm a little paranoid about getting sued.
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This pool supposedly cost $100k... why didn't they picture it? must be all torn up to hell I figure.
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A six figure pool built on to a 5 figure house, along with a fleet of gaudy, overmodified, overpriced vehicles out front. Genius. ::)
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I keep very little in my own name. I'm big on using corporate structures, trusts, etc. I don't carry debt, but I'm a little paranoid about getting sued.
He got it out of his name in 08. It was in his ex wives name who from what I'm told still lives with him and his gf. His brother moved on.
N/A Resale 03/21/2008 B: Debra Jane Piana BA: N/A
S: Rich Piana SA: N/A
$345,000 Resale 01/25/2002 B: Debra Jane Piana, Rich Piana BA: N/A
S: Dejesus Jose, Natividad 1995 (Trust), Jose V Dejesus (Trustee) (Trustee), Natividad C Dejesus SA: N/A
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This pool supposedly cost $100k... why didn't they picture it? must be all torn up to hell I figure.
Didn't think there was a pool since it was not pictured. In looking at the listing again, I see I was wrong. Maybe it is trashed.
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Trust me. It's his house.
Are you Amy?
Rich's ex with the FABULOUS tits?
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He got it out of his name in 08. It was in his ex wives name who from what I'm told still lives with him and his gf. His brother moved on.
This Piana guy really has his shit together. ::)
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there is only one hero that never lets me down
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I keep very little in my own name. I'm big on using corporate structures, trusts, etc. I don't carry debt, but I'm a little paranoid about getting sued.
Smart move. Too many predators out there, especially these days.
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He got it out of his name in 08. It was in his ex wives name who from what I'm told still lives with him and his gf. His brother moved on.
N/A Resale 03/21/2008 B: Debra Jane Piana BA: N/A
S: Rich Piana SA: N/A
$345,000 Resale 01/25/2002 B: Debra Jane Piana, Rich Piana BA: N/A
S: Dejesus Jose, Natividad 1995 (Trust), Jose V Dejesus (Trustee) (Trustee), Natividad C Dejesus SA: N/A
So they conspired to commit mortgage fraud pretty much...
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OP is kind of a creeper.
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I wonder how long rich supplements line will last :-\
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http://www.ripped.com/board/index.php?topic=4723.50
From the above thread back in 2012
'As far as my financial status I have 9 rental properties in Texas I was very lucky at the peak of the market I pulled 80% of my equity out of my current house and bought in Texas the houses in Texas have continued to go up. The house I am in now is in foreclosure because its my choice to not keep since I owe 920,000 and its only worth 640,000 makes no sense and I dont see the market going up any time soon. This income supports me 100% but I still train people to keep busy I train 6-7 people a day 6 days a week and charge $120 an hour. 13-14 grand a month then also have an endorsement contract with Mutant pays me 4 grand a month.'
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It's almost as bad as living in a girlfriend's parents' trailer.
Riiiiiiich...phooooooooo oooone
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http://www.ripped.com/board/index.php?topic=4723.50
From the above thread back in 2012
'As far as my financial status I have 9 rental properties in Texas I was very lucky at the peak of the market I pulled 80% of my equity out of my current house and bought in Texas the houses in Texas have continued to go up. The house I am in now is in foreclosure because its my choice to not keep since I owe 920,000 and its only worth 640,000 makes no sense and I dont see the market going up any time soon. This income supports me 100% but I still train people to keep busy I train 6-7 people a day 6 days a week and charge $120 an hour. 13-14 grand a month then also have an endorsement contract with Mutant pays me 4 grand a month.'
Actually, the former girlfriend came along after he posted something similar here and completely refuted it.
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http://www.ripped.com/board/index.php?topic=4723.50
From the above thread back in 2012
'As far as my financial status I have 9 rental properties in Texas I was very lucky at the peak of the market I pulled 80% of my equity out of my current house and bought in Texas the houses in Texas have continued to go up. The house I am in now is in foreclosure because its my choice to not keep since I owe 920,000 and its only worth 640,000 makes no sense and I dont see the market going up any time soon. This income supports me 100% but I still train people to keep busy I train 6-7 people a day 6 days a week and charge $120 an hour. 13-14 grand a month then also have an endorsement contract with Mutant pays me 4 grand a month.'
Is he talking about the same house selling at auction for about $350 k? The market has recovered somewhat since 2012. What gives?
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Is he talking about the same house selling at auction for about $350 k? The market has recovered somewhat since 2012. What gives?
What gives you say?...He was bullshitting when he made the comment...
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Is he talking about the same house selling at auction for about $350 k? The market has recovered somewhat since 2012. What gives?
The market may have recovered but not housing prices. Spending 900k for a 600k house doesn't make any since and its not the type of house that you can rent out for the amount. Rich is good to dump the place
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The market may have recovered but not housing prices. Spending 900k for a 600k house doesn't make any since and its not the type of house that you can rent out for the amount. Rich is good to dump the place
Housing prices haven't recovered? Maybe not in your bumfuck area, but in many areas, the rise from 2010 to present has been dramatic. Not to 2006 levels, but in my area, prices are 50%+ higher then they were 4 years ago
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The market may have recovered but not housing prices. Spending 900k for a 600k house doesn't make any since and its not the type of house that you can rent out for the amount. Rich is good to dump the place
"Rich is good to dump the place".....
Exactly how irresponsible, unaccountable, broke bitches think.
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"Rich is good to dump the place".....
Exactly how irresponsible, unaccountable, broke bitches think.
Actually that's very wise finance. I know everything there is to know about every mortgage prouduct in the US and dumping a house because of being upside down won't hurt him a bit.
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"Rich is good to dump the place".....
Exactly how irresponsible, unaccountable, broke bitches think.
This is one of the reasons the housing economy is so messed up.
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Actually that's very wise finance. I know everything there is to know about every mortgage prouduct in the US and dumping a house because of being upside down won't hurt him a bit.
Piss poor, irresponsible, attitude of pieces of shit, lazy, dumb, fuckheads across the entire country.
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Piss poor, irresponsible, attitude of pieces of shit, lazy, dumb, fuckheads across the entire country.
True...but banks are just as responsible and quite frankly, they made a shitload of money not only from the interest and payment but the houses themselves that they foreclosed on. I'm partially responsible for it as well when I worked for HomeGold Financial....I couldn't tell you how many people I refinanced their loans on just to balloon them to 15-20% 6 months later.
It was a free for all until 2008 when the wheels fell off the bitch
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He got it out of his name in 08. It was in his ex wives name who from what I'm told still lives with him and his gf. His brother moved on.
N/A Resale 03/21/2008 B: Debra Jane Piana BA: N/A
S: Rich Piana SA: N/A
$345,000 Resale 01/25/2002 B: Debra Jane Piana, Rich Piana BA: N/A
S: Dejesus Jose, Natividad 1995 (Trust), Jose V Dejesus (Trustee) (Trustee), Natividad C Dejesus SA: N/A
Boss living with ex and gf very Titus like. House is worth 647k no reason to sell it for less smells fishy...Market slowed a little in cal but should have no problem getting 6-650k look at the neighbors prices
http://www.zillow.com/homes/17616-Romar-St,-Northridge,-CA-91325_rb/
17616 Romar St, Northridge, CA 91325 is For Sale
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California
Los Angeles
Northridge
17616 Romar St
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17616 Romar St, Northridge, CA 91325
3 beds, 2 baths, 1,875 sqft
Pending
$470,500
Zestimate®: $647,470
Nice Northridge Pool Home. Property is a Fixer and needs Full Remodeling. Lots of potential here! Brokered And Advertised By: First Alliance Realty Listing Agent: Farhad Ilderem
Facts
Lot: 0.28 acres
Single Family
Built in 1960
93 days on Zillow
Cooling: Central
Last sold: Jan 2002 for $345,000
Price/sqft: $251
MLS #: SR14107420
Features
Parking: 1 space
Pool
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+$56,582 Last 30 days
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07/26/14Price change$470,500+10.7%$250First Alliance...
05/29/14Pending sale$425,000$226First Alliance...
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LISTING AGENT
Frank Ilderem
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2 Recent sales
PREMIER AGENT
Robert Smith
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13 Recent sales
(661) 544-9164
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Gus Rodriguez
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11 Recent sales
(818) 239-4154
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Matt Horn and Marlo Miller
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19 Recent sales
(818) 322-4150
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17616 Romar St, Northridge, CA, 91325 is a single family home of 1,875 sqft on a lot of 12,196 sqft (or 0.28 acres). Zillow's Zestimate® for 17616 Romar St is $647,470 and the Rent Zestimate® is $2,881/mo. This single family home has 3 bedrooms, 2 baths, and was built in 1960. The 3 bed single family home at 17540 Tuba St in Northridge is comparable and for sale for $540,000. This home is located in Northridge, Northridge in zip code 91325. Civic Center-Little Tokyo and Fashion District are nearby neighborhoods. The closest ZIP codes are 91342 and 90066. Monte Nido, Kagel Canyon, and East Pasadena are the nearest cities.
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That's why Venice beach pan handling and G4P are good options for him... those "wages" cannot be garnished or taxed.
Cali is one of the worst states in the US to get into financial trouble. Once a judgment is granted, the creditors have carte blanche to do almost anything they want. If there is a paper trail, they'll find any/all assets and take them. Owning a home is suppose to be part of the American dream, but it's a nightmare if you get into financial trouble. Any/all previous mortgage payments you made do not matter... you'll never get that cash back.
This is the main reason why it's best to avoid a paper trail and keep cash at home in a fireproof safe. Keeping large amounts of cash in a bank is the worst thing you can do. The more you avoid the banking system, the better off you'll be.
Yep California for u. If u owe anything u are screwed, they will come after u, assets/properties/wages
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The market may have recovered but not housing prices. Spending 900k for a 600k house doesn't make any since and its not the type of house that you can rent out for the amount. Rich is good to dump the place
Don't you live in Las Vegas? The Vegas housing market was among the hardest hit. Perhaps there are other mitigating factors why that market remains in a slump.
The Portland market is very strong. Our home is less than $100 k down from what it was pretty crash. New houses in my area are selling for between $750 k and $2 mil.
Not living in L.A. I don't have as much info about the market there. What I do know is that it is unlikely Rich 's place in Northridge was ever valued at just under $1 mil. Most of Northridge is very "middle class" with modest housing.
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Actually that's very wise finance. I know everything there is to know about every mortgage prouduct in the US and dumping a house because of being upside down won't hurt him a bit.
Everything in all 50 states, huh? ::)
Will the creditors just go away?
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Don't you live in Las Vegas? The Vegas housing market was among the hardest hit. Perhaps there are other mitigating factors why that market remains in a slump.
The Portland market is very strong. Our home is less than $100 k down from what it was pretty crash. New houses in my area are selling for between $750 k and $2 mil.
Not living in L.A. I don't have as much info about the market there. What I do know is that it is unlikely Rich 's place in Northridge was ever valued at just under $1 mil. Most of Northridge is very "middle class" with modest housing.
There is more than one hebrew that posts on this site.
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Piss poor, irresponsible, attitude of pieces of shit, lazy, dumb, fuckheads across the entire country.
Unless you don't plan on ever moving the depreciation doesn't matter. But lots of people are choosing to foreclose not because they can't afford it but rather they can't flip it. It's a loss. Sometimes you have to cut them.
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Unless you don't plan on ever moving the depreciation doesn't matter. But lots of people are choosing to foreclose not because they can't afford it but rather they can't flip it. It's a loss. Sometimes you have to cut them.
i dont understand well,so for example piano have a mortgage from 2002 and he is paying X amount per month and today this house is worth only 2 or 3 time less so he doesnt want to pay double or tripple the mortgage and decide to foreclosure?? explain me
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i dont understand well,so for example piano have a mortgage from 2002 and he is paying X amount per month and today this house is worth only 2 or 3 time less so he doesnt want to pay double or tripple the mortgage and decide to foreclosure?? explain me
I can't "explain" you. Only you can do that. As for Piana, he's broke. So he can't afford the payments. And the house is not worth enough to sell and pay off his mortgage.
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Unless you don't plan on ever moving the depreciation doesn't matter. But lots of people are choosing to foreclose not because they can't afford it but rather they can't flip it. It's a loss. Sometimes you have to cut them.
I think it comes down to not being able to afford it probably close to 100% of the time they walk away. Why would someone ruin their credit for many years, make it very hard for themselves to borrow again in the future, have lawyers harassing them for years on in, have wages garnished, have many future employment and business opportunities closed due to poor credit and the appearance of poor character, and have this all on public record ruining their name and reputation? Just because they'd have to hold an investment for a while longer than they planned to? Bullshit - they can no longer afford to pay, so they walk away.
And even if they'd had it owned under a corporation, it's very easy to find out owners, officers, and agents of corporations online. Being an owner or agent of a corp that filed bankruptcy or welched on debt or otherwise misbehaved can make it difficult or impossible to hold various professional licenses and serve in certain occupations.
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Unless you don't plan on ever moving the depreciation doesn't matter. But lots of people are choosing to foreclose not because they can't afford it but rather they can't flip it. It's a loss. Sometimes you have to cut them.
Investments have risk. I am not willing to cut people who welch on an agreement a break just because the investment didn't pan out as planned. If your business is flipping houses and the market crashes as it has done in the past. That was the risk you took. For those of us who treat Real Estate as a long term investment, we generally come out of it fine.
I've been in my current home for about 16 years. I owe less than 1/4 of today's assessment. I am not looking to move anytime soon. I bought a home I could afford, not overextending myself with a huge debt. Many people prior to the last Real Estate bust, bought homes and took out mortgages in excess of what they could afford to repay. They blame the lenders and not themselves for this. Nobody seems to want to take responsibility for their own actions....everything is someone else's fault.
Every time a person like Rich walks away from their responsibility it has a negative impact on all of us.
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Unless you don't plan on ever moving the depreciation doesn't matter. But lots of people are choosing to foreclose not because they can't afford it but rather they can't flip it. It's a loss. Sometimes you have to cut them.
Coach......they don't pay because they flat out just don't want to. People like Rich Piana and his ilk (the Obama generation) don't feel they are responsible for their actions or bad decisions. Don't feel they have to live by the same rules you and I do and don't feel any shame in being pieces of shit that leach their way through life.
A 30 year fixed rate mortgage isn't going to help a guy that will never see the last 27 years of the note.
Rich Piana = 2017 Dead Pool Candidate #1
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Seems like his plan was to "fake it till you make it". Sometimes such a strategy works, but more often it does not.
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Coach......they don't pay because they flat out just don't want to. People like Rich Piana and his ilk (the Obama generation) don't feel they are responsible for their actions or bad decisions. Don't feel they have to live by the same rules you and I do and don't feel any shame in being pieces of shit that leach their way through life.
A 30 year fixed rate mortgage isn't going to help a guy that will never see the last 27 years of the note.
Rich Piana = 2017 Dead Pool Candidate #1
Very well done.
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Don't think this place has a pool. If it did there would have been a photo.
It is dirt cheap for Northridge.
^^
It is the place with the pool, the real estate listing was given at the beginning of the thread, this is one of the many pictures given: