He interviewed us for about 2 hours about our strategies & a week later we received an 8-10 page dissertation detailing everything we were doing wrong & how we were going to go bankrupt.

Example of heavy handed city restrictions is the building of circle c ranch housing development southwest that was a legal nightmare that I believe, if I remember correctly, bankrupted the developer.

Is it good idea to buy first property as bankrupt or tax lien.

Trading stocks is not like FOREX where the trend can last for months or years and if you're on the opposite side of it you're going bankrupt. 

I've seen it happen many times where management companies bankrupted large apartment buildings and if you go back and read my posts with my horror stories, the 25-unit apartment next door to my office was purchased by a dentist.

If the law suddenly required companies to cover homes with older roofs, you’d be risking the company’s solvency and that wouldn’t do anyone any good, because after a catastrophe, they’d be going bankrupt and no one would get paid.”Consumers with asphalt shingle roofs, among the most common roof types, will be facing expensive replacement requirements if they just bought a home, want to switch insurers or were recently dropped by their previous insurer.Companies are increasingly unwilling to write new policies with asphalt shingle roofs over 10 or 12 years old, according to a comparison compiled in January by one of the insurers, which asked not to be named as the source of the data.

My neighbor works for a company who was buying Hospitals and they had a couple going Bankrupt at that time.

When I finally realized that I was going to go bankrupt if I kept two houses, I decided to try to sell the new construction at the same time as I had my house on the market.

That decision is not going to bankrupt me, its not going to take food off the table and its not going to make me get the electricity get cut off.I guess my point is if you need a new truck and it is not going to make you go bankrupt or make you not be able to put food on the table and pay your electricity bill, then go ahead and buy it.To a purist like Joe,,,the biggest waste of money in your life,,,to me its just called living.That is my take.Good luck!

I built using a construction loan and it just about bankrupted me because of the speed and issues with draws.