Need creative ideas to fuck with someone who owes me money

[Buck Nasty]

I made a $25K private hard money loan to a guy in Jackson MS. He had an investment property he said needed a roof, and we set up the loan to be paid back in 1 year. I had some history with the guy prior to this, he had done a few really kind favors for me at different points. He had a good reputation and I trusted him.

For the last few months when I asked him how it was going he was slow to respond. Not the loan is delinquent and he said he was sick, then him mom was sick on close to death. He said is trying to sell the property.

The property is not listed for sale anywhere, and I had photos taken and its occupied. So I'm guessing the guy is rent skimming, collecting rent and then not paying on the mortgage. Similar to the Big Short. He doesn't know that I know this yet.

I can foreclose, and I will. But I feel like this guy needs to be taught a lesson. He's been around the Jackson MS real estate investing scene for decades. He has a big network, and I have the map of that network. He also has a real estate investing group with several hundred people in, which I was able to scrape the list of.

So what's my next move? My goal is not to optimize my financial return or how fast I get paid. My goal is to maximize how much I can fuck with this guy until he pays. Let's get creative here. Money is not an object and anything is on the table.

[Pablo]

Have a 40 yard dumpster dropped off in the driveway and send him an email that the roof is coming off next week if he doesnt restart payment.

[FRANKRIZZO]

Semmes expensive for a roof got mine done for 13k six years ago and that included new wood. I hope you have something in writing. Put him in collections. Maybe an attorney would take it on contingency. Mechanics lien

[RichardBrodiesCombover.]

Have a 40 yard dumpster dropped off in the driveway and send him an email that the roof is coming off next week if he doesnt restart payment.

That shits gonna cost like 700

[Pablo]

Semmes expensive for a roof got mine done for 13k six years ago and that included new wood. I hope you have something in writing. Put him in collections. Maybe an attorney would take it on contingency. Mechanics lien

everything construction related is up 50 percent in the last 6 years.

You had good timing getting your roof done when you did.

It would cost you at least 20k today. Unless you find some mexicans to do it.

[FRANKRIZZO]

They did a really good job tore and replaced in 2 days I am sure much higher today especially with new wood. I had bathroom remodeled recently cost 18k did nice job but yes things are going way way up. Doing kitchen next expecting 40 thousand. Attorney with contingency best route I can see for op worst case has to pay fees best gets paid in full. Actually it was way more then six years ago way way more

[Buck Nasty]

Have a 40 yard dumpster dropped off in the driveway and send him an email that the roof is coming off next week if he doesnt restart payment.

Not a bad idea. But I don't really want to mess with the renters. Ideally if he's rent skimming they could just send the rent to me to start paying me back. I hired someone from Craiglist to deliver a letter tomorrow letting the renters know their landlord isn't paying the mortgage and there is going to be a foreclosure and they'll get tossed. Hopefully that lights a fire.

Or maybe order some cheap dirt / rocks / landscaping stuff and have it dumped on the lawn of his house?

[Buck Nasty]

A roof shouldn't cost $25K. I think he was supposed to be doing some other work too, can't remember.

[Orko]

I wouldn't do nothing crazy, times are hard and you don't wanna pick up charges or a lawsuit.

[simply1]

Sounds like a job for Tankazoo

[Buck Nasty]

I wouldn't do nothing crazy, times are hard and you don't wanna pick up charges or a lawsuit.

I'm not going to go crazy and put myself at risk. I want the guy to regret being a scumbag, and have some funny stories to discourage future borrowers from trying something like this.

[garrett]

I wouldn't do nothing crazy, times are hard and you don't wanna pick up charges or a lawsuit.

or catch a bullet in head

[garrett]

Put a Lien on the property for the amount of the roof if/when sold, you'll get your money

[Dan Druff]

I made a $25K private hard money loan to a guy in Jackson MS. He had an investment property he said needed a roof, and we set up the loan to be paid back in 1 year. I had some history with the guy prior to this, he had done a few really kind favors for me at different points. He had a good reputation and I trusted him.

For the last few months when I asked him how it was going he was slow to respond. Not the loan is delinquent and he said he was sick, then him mom was sick on close to death. He said is trying to sell the property.

The property is not listed for sale anywhere, and I had photos taken and its occupied. So I'm guessing the guy is rent skimming, collecting rent and then not paying on the mortgage. Similar to the Big Short. He doesn't know that I know this yet.

I can foreclose, and I will. But I feel like this guy needs to be taught a lesson. He's been around the Jackson MS real estate investing scene for decades. He has a big network, and I have the map of that network. He also has a real estate investing group with several hundred people in, which I was able to scrape the list of.

So what's my next move? My goal is not to optimize my financial return or how fast I get paid. My goal is to maximize how much I can fuck with this guy until he pays. Let's get creative here. Money is not an object and anything is on the table.

Are you 100% sure he really owns the property?

Many scammers pretend to own income property or other businesses, solicit loans for "improvements", and then spend the money on other things.

There are also semi-scams where the self-identified landlord is actually really the owner, but in reality is also in tremendous financial distress, and is on the verge of losing the property. The loan for "improvements" is often just buying time to prevent foreclosure.

Most people don't scam for fun. Anyone taking a loan like $25k and dodging payback is obviously broke, and if he could solve this by simply refinancing, he probably would.

I would first verify that he's really the owner. Then you might want to look into whether this guy actually replaced the roof, and if the $25k was entirely spent on the roof even if it was replaced.

[splitthis]

Me thinks the guy who did the well planned favors had the creative fuck with ideas.

[Sheesfaced]

Lease a billboard saying “J Searles doesn’t pay his debts” (or whatever his actual name is).

[RichardBrodiesCombover.]

Can you get a squatter in there?

[tgull]

I made a $25K private hard money loan to a guy in Jackson MS. He had an investment property he said needed a roof, and we set up the loan to be paid back in 1 year. I had some history with the guy prior to this, he had done a few really kind favors for me at different points. He had a good reputation and I trusted him.

For the last few months when I asked him how it was going he was slow to respond. Not the loan is delinquent and he said he was sick, then him mom was sick on close to death. He said is trying to sell the property.

The property is not listed for sale anywhere, and I had photos taken and its occupied. So I'm guessing the guy is rent skimming, collecting rent and then not paying on the mortgage. Similar to the Big Short. He doesn't know that I know this yet.

I can foreclose, and I will. But I feel like this guy needs to be taught a lesson. He's been around the Jackson MS real estate investing scene for decades. He has a big network, and I have the map of that network. He also has a real estate investing group with several hundred people in, which I was able to scrape the list of.

So what's my next move? My goal is not to optimize my financial return or how fast I get paid. My goal is to maximize how much I can fuck with this guy until he pays. Let's get creative here. Money is not an object and anything is on the table.

It depends on the guy's mental well being. Last year I paid a guy for $1500 of work on my property. I paid him $750 up front it was a multi day project. He did roughly $1,000 of the work very well, but still needed to complete several projects. It was the day before Memorial Day weekend and I decided to pay him the remaining $750 before the work was completed, you know being a good guy. He was supposed to come out Tuesday to finish the job, which would have likely taken all day. Did not show, call after call nothing.

I had his address from his business card and drove 40 minutes to the absolute wrong side of town. Got to his house, dilapidated, and he had a dog chained to his iron fence. I could see him in his backyard with three other dudes, they were all smoking and music was blaring. Could I have confronted him? Yeah, but at what cost to my family, I mean do I want this guy showing up high at my place at 2am? Yeah, I have plenty of guns but do I want to go through that? I just let it go as painful as it was and drove off.

Now $25,000 is a lot more than $750, but it sounds like he is broke, so what are you going to do? Outside of selling the debt, and trust me there would be a buyer at 50% on the dollar, you are stuck. Remember whatever you do to him, he can do to you. So take careful consideration in what you do. I was a dumbass fronting this handyman $750. You however are a much much larger dumbass for spotting a random dude $25,000 for a fucking roof, which generally cost $12-$15K, probably much less in some shitty ass two bedroom rental. You got scammed. Who the fuck lends someone $25K for a roof? Well, yeah you.

Druff, give this guy a big giant bag as an avatar.

[YUUP]

I’m a self employed builder .
Twice in 20 odd years people haven’t paid , give them till Saturday or we will be back to knock down our work plus whatever …

[YUUP]

Regarding the thread , the most prolific poster and pedo is a computer genius. I’m sure he could help dox your old friend….