You might ask them why Kiyosaki's company filed bankruptcy.Ask him about how well Kiyosaki kept his commitment to the man that made his empire explode..http://pagesix.com/2012/10/10/rich-dad-bankrupt-dad/These bogus opportunity hawkers piss me off.

Discussion seems kind of opinion although not sure what data or statistic would make sense.I know of one person that has gone bankrupt or close to trading stock options.

No debt free real estate investors ever go bankrupt.

No wonder California is going bankrupt.

The blue states/big cities are gonna go broke/bankrupt, get federal handouts, or something similar.

People are always moving, passing away, getting divorced, going bankrupt, etc. opportunities will always be there for those willing to help others get what they need out of a situation.

It's all about trying to generate income for bankrupt cities/counties, and them figuring out a way to use private property owners homes as collateral on loans (in my opinion) because the cities/counties have -0- credit, and are making a hail mary pass to try to get their hands on money, someplace!

Some projects are not for reasons such as too many non owner occupied units, bankrupt HOA, etc.

not surprised. the govt can't live high off the hog forever. programs (& employees) are being axed left & right due to their fiscal irresponsibility. you're in detroit area which has gotten hammered even more so the less in housing values, the less in property taxes to fund these things.if the govt was in the private sector, they'd be bankrupt in days.

But the foreclosing lender went bankrupt and mortgage was sold New York Mellon bank, which reinstated this case in 2012 (under a new case number).