‘People are going to start taking matters into their own hands’
Shawn Meaike, who went on to build fruitful business in waste management and life insurance after thriving in real estate, said that he began investing rental properties in his early 20s as a way to add additional income. He eventually accumulated hundreds of properties, launching him into a successful career as a serial entrepreneur who has earned generational wealth. But nowadays, when people have the ability to break into a rental property and law enforcement isn’t able to help, it’s much more difficult to rely on an investment property.
“When I got my real estate license, I remember researching that. I remember studying it. That’s not for you to break into homes,” he said, explaining that adverse possession is typically used to resolve minor disputes between neighbors.
“It wasn’t for me to come down to 214 Main Street, kick the door in, break in, break the window, sit in there and go, ‘Haha, screw you, I live here,’” Meakike said.
“There’s zero doubt that somebody right now is at their wit’s end. They are now not be able to pay the college tuition for their kid, they’re dipping in their retirement. They’re going broke, and they’re getting emotional,” he said.
“Am I saying this right thing to do? No, I’m not.”
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