Nicholas Robert Rekieta / Rekieta "Law" / Actually Criminal / @NickRekieta - Polysubstance enthusiast, "Lawtuber" turned Dabbleverse streamer, swinger, "whitebread ass nigga", snuffs animals for fun, visits 🇯🇲 BBC resorts. Legally a cuckold who lost his license to practice law. Wife's bod worth $50. The normies even know.

[Soapmore]

His monetary waste would make me MATI. Nigh violently mad. Words fail me.

I for one am thankful for the 1000$ payment to the jamaican preggo-scammers. I see it is an investment in the Kiwifarms.

 

[thebigdream]

Remember when Nick said that the CPS case hadn't affected his kids, and their bond was stronger than ever? Well, I wonder how that bond's going now that just after they've been returned to him, and I'm sure he made a thousand promises about how things were going to be different, he's got them kicked out of their family home. Jackass. If there's any love left in those kids, it's by virtue of naivety, and that won't last forever.

 

[RandyMiskatonic]

WAIT, IS THE MAIN BALLDO BUNKER IN FORECLOSURE???
(Or did he just not pay a few bills? Or both?)
I think I may have stumbled onto something...

View attachment 6804094
That's Nick & Kayla's address.

I'll need some translation on this, it's not my wheelhouse. It sure sounds like foreclosure.
When I was recently looking at the West Central Tribune for information on Jim Felt (my prior post), I found this, kept it open on my laptop, and only just looked closely.

View attachment 6804036
Clicking through to the details:
View attachment 6804068View attachment 6804192

View attachment 6804076View attachment 6804108
West Central Tribune Link
Edit: Fixed margins on 3rd screenshot.

HOLYFUCKING SHITBALLS HE LOST IT ALL!

Damn that Bank Sale Nice! Rackets truly is the combination of all lolcows. Such is life in Balldoberranzan.

 

[Sam Losco's Wife]

I wonder if this is some big-brained move to try to buy it from the trust.

Nick doesn't do "big-brained" moves, he does delinquent "hole-brained" moves. He was a spoonfed, lazy mid-wit that drank and drugged himself into the wet-brained retard we have today. His dad had to show up in person to get him to pay his property tax or he wouldn't have done it. 0% chance this is some kind of play on his part.

 

[GamerGateSurvivor]

There is no way Nick isn't retarded. I can't wrap my head around such stupidity. This rivals CWC.

To be fair, Chris was the result of an old man fucking a mentally ill woman with an empty egg carton. It would've been a miracle if he didn't turn out the way he did.

Nick is a college educated lawyer who found the kind of financial success most people only dream of. He wasn't born with any afflictions that made him a tard, he had to drink and snort his way to it. So I would argue that Nick's the (slightly) bigger tard.

 

[Polentic]

WAIT, IS THE MAIN BALLDO BUNKER IN FORECLOSURE???

This nigga really wants a julay.

 

[Yours Truly 2095]

Remember when Nick said that the CPS case hadn't affected his kids, and their bond was stronger than ever? Well, I wonder how that bond's going now that just after they've been returned to him, and I'm sure he made a thousand promises about how things were going to be different, he's got them kicked out of their family home. Jackass. If there's any love left in those kids, it's by virtue of naivety, and that won't last forever.

I feel so badly for the kids. Losing your home as a kid, especially the home you mostly grew up in but aren't yet grown up, it messes you up. There's this part of your soul that never quite returns. Memories of a place you'll never be in again. A pipe dream of buying it yourself one day. Combined with the simultaneous feeling that home ownership will never happen for you. Then with divorce which I know many think is likely, I can't man. I pray for these children. I know what my experience was like with somewhat similar circumstances, but many aspects of theirs is far worse.

 

[MarvinTheParanoidAndroid]

WAIT, IS THE MAIN BALLDO BUNKER IN FORECLOSURE???
(Or did he just not pay a few bills? Or both?)
I think I may have stumbled onto something...

View attachment 6804094
That's Nick & Kayla's address.

I'll need some translation on this, it's not my wheelhouse. It sure sounds like foreclosure.
When I was recently looking at the West Central Tribune for information on Jim Felt (my prior post), I found this, kept it open on my laptop, and only just looked closely.

View attachment 6804036
Clicking through to the details:
View attachment 6804068View attachment 6804192

View attachment 6804076View attachment 6804108
West Central Tribune Link
Edit: Fixed margins on 3rd screenshot.

This indicates he paid virtually nothing on his mortgage, lmao wtf? Is he really such a retarded animal that he spent every last Superchat penny he made on drugs?

Not only that, but he took out the mortgage two years ago, which is right around the time his drug use began. So he got a brand new mortgage on a house that was already paid off just to spend it on drugs.

This really is an object lesson in that there is no such thing as responsible narcotics use and if you do anything harder than cannabis you'll become its slave. I thought he was at least smart enough to pay bills first and party second but he really is just a stereotypical addict and nothing more. He really would choose to be homeless and sleep outdoors in the frigid cold than to just stop snorting cocaine. It truly is a matter of time before he overdoses and dies.

This man had everything the American dream stands for and squandered it all to become a full time junkie. It's truly bewildering to even wrap your mind around.

What a worthless piece of shit.

 

[Kosher Dill]

I'm sure he made a thousand promises about how things were going to be different, he's got them kicked out of their family home.

Well, nobody can deny things are going to be different.

This indicates he paid virtually nothing on his mortgage, lmao wtf?

That's normal, almost all of your early mortgage payments go to interest rather than principal. It's not surprising they hadn't paid down much 2 years into a 30-year loan.

 

[repentance]

From what I've seen...people reverse mortgage their home when they are too old to work and literally have no money. They die and then bank gets the house.

wut. Dude makes videos online and is in his 40s. you can't touch retirement investment accounts until like 60.

Reverse mortgages don't have to be repaid until the person dies.

What Nick (and Kayla) did was take out a normal mortgage against his equity in the house. People do it all the time to remodel/renovate or to buy another property, and sometimes for other purposes like starting a business.

It does explain the urgency to kick out the tenants from the old house and offering it to Aaron for $350,000. My guess is they only listed the old house when it became apparent that they weren't going to be able to negotiate a suitable arrangement with the mortgage holder.

 

[Gulls on Film]

My god, Nick is speed running a Spoony any% run.

Step 1: Refuse to stream(aka make money) because of a vague sense of sadness.
Step 2: Ignore the bank and the courts and get your house foreclosed on
Step 3: Your wife/gf leaves you for being a failure of a man <- we are here

Does Nick have a brother that shot a Mexican that he can bum off of? At least Spoony was able to kite the banks for several years after his downfall.

 

[Rick Nekieta]

Wait a fucking minute. Does Mersh unironically have a better housing situation than Rackets?

 

[HTTP Error 404]

This rigged bullshit needs to end. Nick cannot be allowed to be the lolcow who wins every time. He is so absolutely fucking stupid he deserves it, but he can't just cheat the other cows out of their deserved wins.

To be fair, we don't allow professionals to compete with amateurs just for this specific reason.

Lets give him a lolcow lifetime achievement award and take him out of the running.

Ok, so who's gonna take the plunge and buy the place?

I unironically could afford it if they just let me pay off the mortgage and walk away with the deed. I'm pre-approved for about that much. But I doubt the bank will do that.

 

[Mr. Manchester]

To be fair, Chris was the result of an old man fucking a mentally ill woman with an empty egg carton. It would've been a miracle if he didn't turn out the way he did.

Nick is a college educated lawyer who found the kind of financial success most people only dream of. He wasn't born with any afflictions that made him a tard, he had to drink and snort his way to it. So I would argue that Nick's the (slightly) bigger tard.

The thing about Chris is that he's a wacky retard. He says goofy shit and draws weird comics that people think are funny. There's this weird out of left field way he has of thinking about things that makes him really interesting. It's a combination of autistic obsession combined with being raised by an elderly man who watched reruns of I Love Lucy. He's a man that believes the cartoon world is real and has since he saw Who Framed Roger Rabbit.

Rekieta, like you said, was a pretty normal and successful guy. He doesn't really do a lot of unique stuff that leaves you scratching your head as to why. Animesuckscopeandsneed 7x? Drugs. Blatantly lying on the internet? Ego. Stupid financial decisions? Wants play money. What makes him special is the sheer weight of his retarded actions and how far he's managed to fall.

In the end who is the bigger retard? The one born a retard or one that turns himself into one. I'm sure scholars will debate this for many years to come.

 

[BrokeBackPhil]

There is a 14 unit property in Willmar MN available for 300K that I Was briefly interested in. It has over 23,400 sq. feet of rentable space, but I never followed up on my research. It would seem there is a better investment opportunity, but it probably has hundreds of thousands of dollars in code violations from neglect, as well as drug cleanup costs.

https://www.krislindahl.com/property-search/mn/willmar/56201/539-pacific-avenue-sw/24194091_spid/

That's a 14 unit studio and 2 unit 1Br appartment building. per apartments.com the going rate for a studio is $500 a month in willmar or as the locals like to call it ... Little mogadishu. It'd be a great investment property if you can deal with the cousin marriage and black magic that the locals do.
Little Mogadishu

 

[Rodeo Roadrunner]

Then there's the fun situation where the in-default (foreclosed-upon) owner shows up at the auction and buys back his own house at a steep discount by outbidding everyone else. I think that's prohibited by law in some places but don't know for sure. It's still really funny though.

My first thought was this is some big brain move to tank his credit, but get 'free' money by buying back his foreclosed on home for cheap. But he didn't even take a loan out for the actual value of the home, he took it out for half. This latest move is so incomprehensible there are genuinely no words to describe how stupid it is. I can't wait for Nick to explain it all to us in some tweets though!

So what the fuck did Nick do with the $316k that he received BEFORE the Depp/Rittenhouse superchats and BEFORE his big money Rumble deal? That’s a LOT of fucking cocaine!

Well, Coomalot had claimed a while ago that Nick was spending $20k a month on cocaine, and no one believed him. If he was mortgaging his home to pay for cocaine, to the tune of hundreds of thousands of dollars, the $20k a month on drugs figure starts to sound more and more plausible.

 

[repentance]

Not necessarily. According to the foreclosure documents, the house isn't owned by Rekieta. It's owned by the Robert Lord Trust. How the Trust is set up will depend very much on whether or not it is subject to bankruptcy protection. For example, who are the trustees? Is it just Rekieta? Or is it the rest of his family? If it's the latter they may have told Rackets to pound sand because if Rackets can't pay, the Creditors can go after them. So the house will be foreclosed and sold.

The foreclosure notice says that Nick and Kayla are the trustees. Nick has spoken about the Robert Lord Trust before and said that he set it up so that the house would be a protected asset in the event of the divorce. iirc, he said that the kids are the beneficiaries of the trust.

The mortgage may also not be a 30 year mortgage. It's pretty common here for people to take out mortgages for a shorter period if it's for remodelling/renovating a residence. Sometimes they even take out interest only loans. Around the time we first learned of the existence of the mortgage, Nick was talking about building extensions and doing some pretty major remodelling.

I noticed in the foreclosure notice that the trust has 6 months after the sale of the property to buy it back. If they don't do that and pay any associated costs as well, they will have to vacate in August.

Clearly mummy can afford to bail Nick out, but I believe that straight out gifts of money are taxable in the US (they're not here, no matter how large) so it might make more sense for her (or one of her trusts) to buy the property.

 

[Nick G]

But the whole second house thing brings us back to the bigger question: why didn't they just sell it last year and pay off this mortgage on the main house, rather than losing another 400k in equity. It makes no fucking sense. Did he just forget about paying his mortgage for two whole years, and once he sobered up enough to realize it, the foreclosure was already done? It's absolutely wild.

Nick likely did not have time by the time he realized things were serious. The debt was assigned to "TH MSR Holdings LLC" on November 19 and the foreclosure is dated December 17. It looks like Nick was successfully stringing along his mortgage provider for a long time, and thinking he could do so indefinitely as he held out for top dollar when selling his second property. However, the debt was eventually assigned to a new group that had the intent on immediately foreclosing. Nick tried the delay tactics that had worked before, however this time they did not work, and the company immediately filed for foreclosure.

 

[Vect]

Non-practicing, non-streaming, non-parenting, non-sober, non-paying Team Rekieta blasting off again!

 

[Rick Nekieta]

That's a 14 unit studio and 2 unit 1Br appartment building. per apartments.com the going rate for a studio is $500 a month in willmar or as the locals like to call it ... Little mogadishu. It'd be a great investment property if you can deal with the cousin marriage and black magic that the locals do.
Little Mogadishu

There are obviously multiple "catches" if it has 100+ days on market. I am guessing it has partial occupancy, is competing with other types of low-income/subsidized housing and is probably sub-code. I ain't risking six figures on it.