I mean Joe Montana is a very successful Developer same with Steve Young.. and Ronnie Lott has done well in RE also.but I bought a big mansion that was 3/4 done from an NBA star and he was not business savvy at all.. and on top of that had about 7 or 8 baby moma's all with child support judgements against him ..

Tenants can commonly cause this issue by flushing wipes or pouring bacon grease in the drain.

But at this point, the rest are fine.Second, I can give you a long list of active investors who were wiped out in the Great Recession.

If you did not and it’s unsecured debt you could be out of luck on some or all of the money as depending on his situation unsecured creditors in a bk may receive pennies on the dollar depending on what he can afford and if converted to a ch 7 you would get wiped out.Even in 2nd position he could argue the property is underwater and wipe out your lien.

And of course the vast majority if not all got wiped out when I bought at the steps..

@Jean G.The reality is: it dependsIt’s a numbers game where you need to first determine: what yield do I want and what are the outcomes/ risks involved that could impact thatBuild yourself a financial calculator to understand this but also understand you need to know every process and how much it costs and how long it takes90% upb on a commercial property in a non judicial state with equity and default interest at 15% is a great deal but take that same asset in another state which also has long eviction laws and it could be awfulLastly bankruptcy could wipe out some of your lien depending on the type and how the loan was written.

It happened 11 years ago and it happened to be with his baby moms sister and she got mad and called the police as revenge.

I use Roku Guest Mode on my TVs which wipes all logins at the end of their stay.

Every baby agent is going to sell you on a vision on their market and you are going to take the bait.

Baby girl arriving April 2025!