it's mind boggling now how crazy it's in the private world of private investment right now, it's just because it's hidden outside public  realm so it's not in newspaper yet, but at least some part of it it's in realdeal and some in insider scoop market statistic, you can't find believe what some of the fund operator do to investor ;-) absolutely crazy imo, it's just I can't tell. being poor and basic landlord is good enough for me lol

If the book was written in the mid 1980s or even 1990s then that may have been close to truth for that era but those statistics would have had to be recalcuated by now.

If you're just looking to invest $25k-$50k then you'll typically be in second lien position and you're statistically more likely to get completely wiped out in that position.

I typically use about 8.3% (one month per year) -- this seems conservative, but I'd rather be conservative than get burned.Find a good PM in your area -- they should know the general statistics...

That's why I posted on the forum, hoping this wasn't uncommon and I wasn't a rare statistic.

If you start looking into this subject you'll find plenty of lawyers promoting their services with all kinds of scary scenarios - found one claiming statistics that show 1 out of 4 persons will be sued in the next year.So, me too I'm looking for some real world examples of when you, or someone you personally know, has been sued and lost, and i don't mean lost 15k I'm talking real money, six/seven figures, the property itself, etc.

Between the two majors I'd had learned everything from "Money and Banking 101" to Micro/Macro Economics and Statistics.

If I’m remembering correctly I believe around 4-5 percent of American households are millionaires and less then 10 percent of that is above 5M so statistically you’re up there if you’re in excess of 5 or 10M.

Census Bureau and the Dept of Labor Statistics.

Maybe even most; I don't know statistics well enough to say.