By now we’ve all probably heard about the squatting bobcats lounging on the roof of the foreclosed house in California, thanks to one of my most fav real estate blogs, L.A. Land.
So instead of a typical family, we have the bobcats who act like they own the place, even though the bank took it over.
It’s every real estate investor’s worst nightmare, right?
This reminds me of what we talked about a few weeks ago about the Rothschilds’ investing motto, "start buying when there’s blood in the streets."
So apparently, there are bobcats in the streets, or on the roofs.
And don’t you just love the name of the town and the subdivision, ‘Lake Elsinore’ and ‘Tuscany Hills”?
Sounds so romantic, huh?
But if anything illustrates the wildness of the last real estate market those furry squatting kitty cats lazily hanging about that foreclosure certainly is the poster. But beware, bobcat family, coyotes may be moving next door.
For more information read Cats on a Bank owned Roof