![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/825977/small_1673570487-avatar-michaeld0317.jpg?twic=v1/output=image&v=2)
22 July 2017 | 1 reply
The LLC is mainly to protect your other assets in the rare event that someone sues you and actually wins.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/754510/small_1621496712-avatar-futurestar.jpg?twic=v1/output=image&v=2)
19 April 2017 | 10 replies
If the IRS questions you on that you have already lost...even if you ultimately win.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/233408/small_1621435041-avatar-nchambers.jpg?twic=v1/output=image&v=2)
15 May 2017 | 4 replies
I suppose we should emphasize a few things so people aren't steered wrong:1.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/151742/small_1621419697-avatar-singinghen.jpg?twic=v1/output=image&v=2)
27 November 2014 | 12 replies
If I get in an accident, I want to win.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/153123/small_1621419778-avatar-nwild25.jpg?twic=v1/output=image&v=2)
28 August 2013 | 0 replies
I would like to learn about real estate and I love win-win deals, but when you know nothing about something, how do not sound like a needy selfish person?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/96473/small_1621416841-avatar-nonbankloans.jpg?twic=v1/output=image&v=2)
21 December 2013 | 4 replies
Happiness is very important in life, I have read several books with this concept; The Millionaire Mind and How to win friends and influence people.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/175419/small_1621421838-avatar-craigvu.jpg?twic=v1/output=image&v=2)
8 January 2014 | 22 replies
$ to $ lending wins I think, especially when you factor in market risk.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/176099/small_1621421932-avatar-lajames.jpg?twic=v1/output=image&v=2)
12 January 2014 | 6 replies
I can't wait to goto the court for this auction, even if I don't win it at my price I'm sure it would be loads of fun to watch the pros.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/110247/small_1621417454-avatar-aherrig.jpg?twic=v1/output=image&v=2)
19 June 2014 | 26 replies
Regardless of who would win in court, if we decided to return their security deposit, I don't trust that they wouldn't come back and sue at a later date for hospital bills and rent they believe is owed to them.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/207784/small_1621433264-avatar-phil_.jpg?twic=v1/output=image&v=2)
22 May 2016 | 88 replies
Slow and steady wins the race while the rabbit is taking a nap!