Luckily for me, I'm involved with a local community of investors in Dallas that not only genuinely care about your success in real estate and whatever business venture you decide to get into, but also walk you through the whole process..

Pretty good way to lose money.

If he files bankruptcy you could lose everything as the property becomes his asset and you become one more creditor.

I just wonder what we will lose in the future in terms or art and culture.

If you are talking about using info. from your job in an outside venture you will probably want to make sure there are no confidentiality issues.2.

I don't know if I've had a bad past couple of days, or if I'm just in a bad mood, but the pros I have been asking for help want money. It has really set me in a distressed spot.

I have asked for help from people tha...

I have gotten multiple LLC's for the layers of protection and the risk management that if one goes down I don't lose all assets in the others.

A wholesaler could actually NEVER have a loss, so this shouldn't be a concern at all.Great point, if a rehab flipper, then yes, a concern, but s a wholesaler, the whole point is not having any of your own money at risk or in the deal, thus no way to lose.

So, if you lose your job etc, you better leave the country.

Around here if a contractors works too hard, he will lose his MassHealth (free/reduced health insurance).