New to site from Southern California

[Greg Kimura]

I have been in the rental property owner/management business since 1989 and I am always looking for a good investment.  My first investment had a very slight positive cash flow, which soon became a big loser when I let the wrong person manage the property.  After cleaning up his mess, I've done well and I always have a good positive cash flow set up, or I don't buy the property.

I have had some successful investments and I want to give back to the ones closest to me, so I am working on lending money to a family members and friends.  I was warned about this, so I'd like to make sure I'm protected, just in case something doesn't go as planned.