If you are doing common core (first 2 years) really think about your major and how much student loan debt you will have on graduation versus your earning income potential in that field and job openings available.Much of student debt is not wiped out in a bankruptcy so a student can get stuck with it for life.   

No seizure of personal assets, no wage garnishments and no personal bankruptcy from a lawsuit arising at one of your properties as long as the LLC is properly formed and maintained. 

i would think should get major bankruptcies soon, luxury condo high rise developments will crash etc. so from that side, real estate should see some major shifts. what some can sense is a NEW NORMAL is forming. self driving cars, zoom happy hours, docusign etc. yes, many people dont work in tech, but those who work in office settings.. this tech enablement has been present for a while and in the future the mantra will be.. well we can have half the size office we had, save some costs and drive up profits.. at least if i had a company like Goldman sachs w 5000 ppl tower, id just cancel half my lease, have 2500 rotate WFH and office and drive down major costs..

My concern would be over this tenant filing bankruptcy on you. 

I will build my network with property owners, investors, self directed retirement facilitators, brokers, wealth managers, 1031 exchange facilitators, proper managers, business owners, city and county officials, probate/bankruptcy/divorce/tax/RE attorneys.

Unexpected cap-ex expenses and no reserves could put you (theoretically) into bankruptcy 😬

Hi BP,I am putting together a direct mail campaign and was thinking to add sellers facing bankruptcy within my listing.

The ones that I find on a simple google search aren't vetted, and after talking on the phone, I feel that RE isn't really their interest (bankruptcy, divorce, AND real estate, with real estate seeming to be regular home purchase and sale agreements, not asset protection).So, BP community, what kind of relationship do you have with your RE lawyer? 

hellothanks for the replys and help from everyone that posted, but i think you's guys probably mis-understood why i would need this info.first - not all deals with little or no equity are short sale frinendly, another words the homeowner first has to be behind in payments (normally 3 or more) which not all distressed homeowners fall in this category, second if they filed bankruptcy (which most of them have) most banks won't deal until its out of bankruptcy and etc, and others things like if the homeowner had PMI, or if they can still afford to make the payments and etcnow i'm interested in wholesaling (which i know is just and exit strategy), working with motivated sellers that actually have equity in their houses all ready. so thats why it benefits me to know how much equity they have and etc.exp: if they have a property that the ARV is $200,000 and it needs $10,000 in repairs, and i find out they owe $170,000, then i'll automatically know they won't sell to me at $120,000 which is were i want to purchase at to make a quick $10,000 or more assignment fee profitnow short sales are great i'm actually working on a couple, but their not as easy as the guru's make them out to be, some of the loss mit reps act like your taking something from them personally, which i thought they'll be so die hard to get these deals off their desk-------------plus its very time consuming so thats why i'm gonna look at short sales as a second tactic, and gonna focus working with people that are motivated and already have equity, and sometimes its not because the homeowner has lived in the property for like ever, it could still be a good deal for me because of what that properties ARV might be (because i know maybe 7 out 10 people in distress actually have little or no equity)so i hope all of this help you's guys to understand why knowing what the homeowner owes will benefit me, it'll help me put together my offers, or feel good submitting the ones i know they still walk away with something, one thing i do know for sure and thats 9 out 10 or 10 out 10 distressed homeowners will not come out of pocket at the closing just to sell you their house

Is there a problem if they go into bankruptcy down the road?