Tag Archives: bid rigging

Legal Update for Real Estate Investors: Fraud, Harassment, and a Bill to Penalize Falsely Representing Need for a Service Animal.

  A beautiful end to Tuesday. Here’s a profound truth those in the real estate industry will readily acknowledge: Owning and Managing Real Estate is uniquely challenging.   I hear it from my Property Owner/Manager clients. I experience it when I am involved in negotiating in landlord/tenant disputes. If you own or manage investment real estate, youContinue reading “Legal Update for Real Estate Investors: Fraud, Harassment, and a Bill to Penalize Falsely Representing Need for a Service Animal.”

Real Estate Investors: In Your Efforts to Make a Profit Be Wary of Cutting Corners.

Let me illustrate a picture for you: Let’s say you are a real estate investor. You show up for a foreclosure sale. There are several people present to bid on a specific piece of property.  One of those guys winks at you, motions you to come over (in a clandestine sort of way). The guyContinue reading “Real Estate Investors: In Your Efforts to Make a Profit Be Wary of Cutting Corners.”

Cautionary Tale for Real Estate Investors: Yesterday California Investor Sentenced to Prison for Bid Rigging at Foreclosure Sales.

There are many pitfalls for real estate investors who purchase distressed property. In today’s market, good deals for real estate investors are getting harder to come by. With distressed property becoming a scarce resource and competition ever increasing, some real estate investors have resorted to less than legal  acts to boost their profit. Investors should know thatContinue reading “Cautionary Tale for Real Estate Investors: Yesterday California Investor Sentenced to Prison for Bid Rigging at Foreclosure Sales.”