This is why I've never found SFH rental very attractive as a business. The headaches, vacancy worries, etc simply aren't worth it unless you are the type of person who can without any hit to your moral compass walk away from the home when the investment goes bad. Unfortunately, unlike stocks where the hit is immediate and painful when things go south, the risk of losing the home is minimal with today's save housing "administration". I think the debt forgiveness act expiring will go some way in curing that though. The potential harm of having to pay 28% of a $100,000 - $200,000 short sell windfall will cause people to rethink their decisions, and unlike banks, the IRS always gets their pound of flesh. That's how they got Al Capone.
Libel is any intentional misrepresentation of the facts in order to lower the perception of character.
Intention is obvious, which just leaves misrepresentation of the facts. If you are lying about the rental in a public forum, and it affects the market decision of one of Roberto's clients, you can very easily be sued for damages.
I read about successful lawsuits from false Yelp misrepresentations all the time. The plaintiff is almost always successful.
It's all fun and games until you become a real person with a traceable IP address, isn't it Yup?
When you guys throw in Jerry Springer, you just ruin it... and come off as being in the gutter.
That's what ruined it for you? Not that some dickhead was calling another a liar, stalking his posts and attacking him at every opportunity - on this thread, and on others? It wasn't offensive that he specifically started a thread personally attacking another user? That the conversation became less about being called a liar, and more about fighting?
Then there was mention of the possibility of a man, long dead, who had dedicated his life to promoting peace fighting a Patnet user, who has dedicated his Patnet life to brandishing a sword and fighting apocolyptic zombies. Possibly vampires and werewolves too; I haven't taken the time to read the fourth book in the Twilight saga, "Apocolyptic Moon is Shostakovich." But I digress - THAT didn't relegate this discussion to the gutter?
Libel is any intentional misrepresentation of the facts in order to lower the perception of character. Intention is obvious, which just leaves misrepresentation of the facts. If you are lying about the rental in a public forum, and it affects the market decision of one of Roberto's clients, you can very easily be sued for damages.
In this corner, a 50 year old math professor who keeps in shape by biking and hiking in the desert sun.
In this corner, a 280 pound giant who rides Harleys! He probably has tats, and wears a vest.
I can't wait to see it. I'll buy my ticket right now.
Maybe we could turn it into something like a wrestling match, where you can tag in or out. 4 Bulls vs 4 bears. Winning team gets to squat in a vacant REO for 2 years with no out of pocket. I'll buy the whole front row. ;)