I'm currently reading the BP famous @Brandon Turner 's "The Rook on Rental Property Investing".  

I misunderstood her the first time.

Remember the little people at BP once your famous. best wishes.

Forgive me if I misquoted or interpreted your statements incorrectly.My statement that, "it's all about the collateral" is a bit oversimplified & I can see how it can be misunderstood, so thank you for giving me the opportunity to clarify.I wrote "Look at the as-is net liquidation value of the property first minus any superior liens (property taxes etc.) and liquidation costs etc.""

What happens in these misunderstandings is that something goes wrong either in the sale or after, and then they sue you for some statement you made that they “misunderstood”.

Most Junk Debt Buyers (JDBs) are lawyers who, quite famously, run afoul of these same statutes.

What happens in these misunderstandings is that something goes wrong either in the sale or after, and then they sue you for some statement you made that they “misunderstood”.

This would make a great little add-on to the Podcasts, @Brandon Turner - a counter with the most book mentions during the famous five?

Frank Chin: You have misunderstood the purpose of my message and entirely misunderstood my question.

Famous last words, I'm sure ....