Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

if you are looking to use these retirement funds to invest in assets such as real estate inside the plan, then you should consider an financial advisor or tax advisor who has a background in this area.Sorry for the long-winded answer, but while the answer you are looking for may seem simple, there are a lot of factors which can change the outcome.Kirk

I think you should consider an LLC when involved in a partnership.

I would never consider an offer to purchase without an inspection unless it was pennies on the dollar and the land value greatly exceeded the offer.

In addition, if you should run into any situations that cut off your W-2 income (think layoffs, medical issues, getting fired), then you don’t have any cash flow or readily available assets to fall back on.Let’s consider an example where an investor puts $25,000 into a passive investment that generates 20% average rate of returns over a 5-year period.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

The landlord has indicated a willingness to consider an offer based on actuals @8% cap.