Jorge Vazquez
Hurricanes aren’t what’s driving up insurance rates in Florida.
15 October 2024 | 3 replies
Lawsuit abuse and fraudulent claims, not hurricanes, were slowly bankrupting insurance companies.
Jesse LeBlanc
FRAUDSTER ALERT... watch out for Justin Nguyen in Florida. BE CAREFUL LENDERS!!
25 October 2024 | 66 replies
Their ability to scam to the next level is not unheard of in certain communities.one way to find out is checking their own and family bankruptcy filing, some of them are bankrupt due to gambling and going in and out prison, is not that uncommon.
Jon Zhou
Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
Also in theory, due to large reserves of the bank/lender, I think if I'm the lender, I would just choose to bankrupt all these GP.
Sanjeev Advani
LL Flooring Joins the Wave of Retail Liquidations: Closing 400+ Stores Amid Bankrupt
23 September 2024 | 2 replies
LL Flooring, formerly known as Lumber Liquidators, is closing all 430 of its retail stores after failing to secure a buyer during its Chapter 11 bankruptcy process. The flooring retailer is the latest in a growing lis...
Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
They stalled around and kept telling me they were working on it, right up until they went bankrupt.
Evan T. Ong
Worries I have (haven't started investing yet)
25 September 2024 | 14 replies
There are many rich people that end up bankrupt because they never learn to control their finances.By the time you reach 18, you should be able to buy a house hack, giving you a place to live and some rental income.
Rob Ibarra
RV Park Deal in GA
19 September 2024 | 5 replies
You mention you have no experience in these types of parks and your first deal you want to take down 100.When I was working for a GC we did a condo project for a developer who never developed a building before and he sold his company (it company) and used the entire amount to develop real estate.He ended going bankrupt because his inexperience with his experience and his designers and every mistake they made was multiplied by 150 since that is how many units there were.
Scott Sampson
Potential in Bankruptcy deal
16 September 2024 | 7 replies
They told me that this builder recently went bankrupt after their in-laws luckily had their house finished.
Matthew Irish-Jones
Cash is NOT King... in Real Estate Investing
21 September 2024 | 69 replies
I am diversified enough to miss and not go bankrupt.
Matthew Rembish
Fund that Flip
19 September 2024 | 43 replies
Currently 25% of my investments (dollar value) are in distress, some borrowers have gone bankrupt, others simply stopped paying interest and are not paying the principal back despite the loan being due 3 months ago.