all these courses with floating bridge loan is used to bankrupt you folks

Quote from @Greg Scott: Dave must have screened out anyone who had debt before he interviewed them because I don't believe his experience could logically be extrapolated to society at large.That's what I figure....he always says that everyone who did real estate when he went bankrupt also went bankrupt but I assume there are tons of people on biggerpockets who have leveraged for decades and been just fine? 

David Krulac When you mentioned "real estate limited partnership" where you referring to a syndication or something else that went bankrupt?

I may be to conservative with my money but I also not looking to go bankrupt or loose anyone's money. 

Everyone was saying how HORRIBLE it was to be in real estate, how it would all keep dropping, that an REI would go bankrupt. 

As James mentioned you need to know your numbers so you know if you are actually in trouble or you are just worried.I will say this rhymes with how my in laws went bankrupt (scaled low income properties quickly without realizing they all had negative cash flow after maintenance and vacancy costs).

However, without your own team involved, what if the property management firm change terms with you under new management, gets sold off, or goes bankrupt, what are you left with then?

Since it is a "trust account", if you go bankrupt, the creditors cannot access the funds in that account as it is not your money.

Let us not forget the very reason Dave went bankrupt was because of over leveraging real estate.

I'm pushing a lot of my financing over to life insurance companies because the banks are hard to deal with and there seems to be less renewal risk with insurance companies. lender is the one that would go bankrupt if they continue financing while asset valuation going down ( an increase of 1% cap rate is equal to asset valuation lowered by 8-12%).