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May 24, 2012, 10:10:24 PM

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Real Estate Investing Forums  |  Real Estate Investing  |  Carlton Sheets, Beginners, Courses, Gurus, General Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: Are we all honest investors?? « previous next »
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AIBA
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« Reply #30 on: July 22, 2006, 10:43:02 AM »

Well, I've been reading the posts for a long time but never participated until now.  I initially found the thread a little disturbing but I quite enjoy the fact that I have a good feel where some of the participants are coming from.  Some have clearly taken the side of honesty, so I hope to have opportunities to discuss issues with them in the future.

You know life has many 'grey areas' but you seek good, honest counsel and document accordingly, then you proceed with a clear conscience, if that matters to you. See, the problem is when 'grey areas come to light' meaning litigation, your documentation will substantiate your decision and your actions will be viewed as proceeding in 'good faith'.  Lack of good faith is what leads to 'shady deals'.

If you consistently deal with people who you are pretty sure won't be able to fulfill the agreement, this means that there is something you consistently overlook. In litigation this will be brought to light and your actions may be deemed 'predatory' and become public record. You may be able to walk away from a deal with a lot of money but can you pocket the money free and clear?  Most investors are looking for financial returns, not returning to court.  Family, friends and financial institutions will avoid doing business with you.  Now that IS karma because you will start working with people who can't get financing for a home, but your reputation will become 'subprime'.

You may not believe in karma but you seem to be practicing it. You are enabling someone who can't hold a job and you seem to want to appear compassionate (you probably had good intensions at the start) but you are coming across as resentful.  So, you are jeopardizing your job and your financial welfare for someone, and now you believe someone sacrifice for you? Deal with the situation at work.  Be honest with the woman and your boss.  Refer her to Agency for the Aging or Vocational Rehabilitation to help her do this job/find another one/ apply for financial assistance/ Meals on Wheels. This will ease your stress at work and alleviate your feelings of victimization.  Once that is addressed, you may feel differently about how you choose to treat others.

Well, that's enough from me. I wish you the very best!
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jdeity
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« Reply #31 on: July 22, 2006, 10:47:56 AM »

sorry i really can't go further here without repeating what i've already said.  you guys know how i feel and think it's wrong, that's fine.  it is what it is, and isn't gonna change, so i'm out of this thread
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kdhastedt
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« Reply #32 on: July 24, 2006, 07:11:36 AM »


BTW:  All HUD homes built before 1978 have the possibility of Lead Based Paint...all of these properties come with a LBP disclosure (by law).  This is no big deal unless there have been actual tests performed and LBP has been positively identified.

Keith
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I have CDO...it's like OCD but in alphabetical order - the way it should be!
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« Reply #33 on: July 24, 2006, 05:10:26 PM »

Sorry, thought I'd put that in, the LBP report states Deteriorated LBP.
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Real Estate Investing Forums  |  Real Estate Investing  |  Carlton Sheets, Beginners, Courses, Gurus, General Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: Are we all honest investors?? « previous next »
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