Maybe the solution is to wait to have more money or use other people’s money.

Some of the simpler asset protection solutions would include the following:  having max funds allowed in qualified retirement plan or IRA rather than personal as retirement plans are exempt assets in Federal and most state bankruptcies; investing through an annuity if your state (Florida and Texas for example) exempts insurance policies and defines annuities as an insurance policy; taking advantage of maximum homestead exemption in your state; use of corporations or more popular LLC or Series LLC to limit liability to the entity holding the asset; reasonable liability insurance if available; separating asset ownership from asset management; etc.I can design a simple, cost effective asset protection strategy of up to about $5million with little cost IF the individual resides in Texas or Florida.  

Not a cheap solution, but a lot more aesthetically pleasing and safer than that picture.Maybe some type of spiral staircaseGino

Make it a standard practice to show all of your tenants where the main water shutoff valve is and label it clearly so they know how to shut the water off right away if something like this happens.

For bookkeeping, the best solution sometimes depends on your scale.

Once the note is accelerated the seller/buyer either needs to pay off the entire balance within a legally prescribed period of time, renegotiate a satisfactory solution with said lender, or face possible foreclosure filing. 4.

Most do so believing its only temporary but s*** happens in this business..... timelines get stretched, appraisals come back lower than expected, rates remain high longer than expected etc. etc. and what's intended to be a short term solution often adds quite a bit of strain to the property and your business.

The private lender’s terms supported my timeline and cash flow goals, making it an ideal solution for this type of investment.

It was the perfect solution for this home considering it's location only a few miles from the University of Houston, Texas Southern Univ., VA hospital, Texas Medical Center, Downtown Houston, Toyota Center, Reliant Stadium as well as Hwy 45, 59, 288 and 610.

Hey BP fam, 
I have a property that desperately needs a way out,
The property has been on the market for a little bit, sellers just recently bought the property so they don’t have much equity. immediately I thought,...