Nick Koenig
Eric Teran
What is my percentage in building new multifamily with a partner
14 April 2019 | 9 replies
During the downturn, lots of minority partners got burned when the sponsor went bankrupt.
Jason Merchey
Insurance for a Rehab
12 April 2019 | 0 replies
I can pay for a broken ankle, but if we are sued then it could bankrupt this $300k purchase/rehab project.
Kyle Joseph
How do you protect yourself when buying <5 unit property?
8 September 2019 | 8 replies
@Bill Brandt My understanding is that you would get an umbrella policy for however much you may be liable - for example, If I'm worth $1M but I'm sued for $5M, without an umbrella policy I would be bankrupt.
Joshua D.
How to scale are business? Set with property Management?
6 October 2019 | 3 replies
I was never given that advice and I bought a lot of wrong properties that almost bankrupted me.
Nick Rutkowski
Are you familiar with how Agents get paid?
25 September 2019 | 13 replies
The business model that gets that right will do very well in the near future, and I hope I work for them. 60% of brokerages with such pay structures go bankrupt every recession.
Angela MIller
Tenant in common or side contract
18 September 2019 | 20 replies
I’m just concerned like for example what if he’s in a lawsuit for a car accident and goes bankrupted.
Curtis Mears
Am I Stuck Paying a scamming Contractor
26 September 2019 | 34 replies
My friend ended up liquidating all his equipment and going bankrupt because he couldn't afford to pay his defense attorney any more.
Aamir Syed
New Investor in Connecticut
25 September 2019 | 7 replies
No one ever asked or advised me on this and it almost made me bankrupt.
David Hong
Investing in Real Estate NZ
3 July 2019 | 10 replies
It bankrupted me in the GFC as all the lenders stopped lending and I was screwed.