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Updated over 8 years ago, 08/17/2016

User Stats

39
Posts
8
Votes
Marquis W.
  • Investor
  • Albany, GA
8
Votes |
39
Posts

Using bankruptcy strategically to aquire more real estate

Marquis W.
  • Investor
  • Albany, GA
Posted

I keep hearing about how the rich file bankruptcy not because they are in trouble but as a

strategic way to build more wealth. For example Donald Trump, Rich Dad's Robert Kiyosaki, 50 cent, Henry Ford even Walt Disney..all filed bankruptcy. So how could we as investors use bankruptcy as a tool to build wealth? I know I would need to first protect my assets that I already have but how? 

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