11 June 2016 | 110 replies
Lol....In all seriousness, I can't imagine there aren't any positive cash flowing properties in your area otherwise all owners would be bankrupt.
21 October 2015 | 21 replies
Bankrupt or not 95% of the people come to the office and pay to get the charges dropped .
8 June 2018 | 4 replies
Usually what happens in cases like this is the companies go bankrupt.
21 September 2017 | 8 replies
This exact plan nearly bankrupt me a few years back when the "TBD" quickly outpaced my "COH" (cash on hand).
13 May 2011 | 14 replies
Our country would go bankrupt overnight!
1 June 2016 | 6 replies
The more things you're trying to do yourself as a noob, the more you open yourself up to risk and can just straight up go bankrupt (ie you do your own due dilligence and mess up big time on something structural and a buy and hold collapses on your tenants)The more you dabble in --you'll also learn a **** ton and be able to wear many hats....The less experience you have I'm sure you'll outsource, but at some point you'll say-- hey I can do that (and save a few hundred here or a few thousand there) Then there's Legal aspects, contracts etc.
22 June 2024 | 129 replies
Hopefully the people who bought in 2020-2023 get wiped out and liquidated quickly and builders can go bankrupt and then we can get the market back to normalcy quickly.
19 September 2024 | 5 replies
You mention you have no experience in these types of parks and your first deal you want to take down 100.When I was working for a GC we did a condo project for a developer who never developed a building before and he sold his company (it company) and used the entire amount to develop real estate.He ended going bankrupt because his inexperience with his experience and his designers and every mistake they made was multiplied by 150 since that is how many units there were.
30 October 2024 | 22 replies
Detroit streets are paved with the bones of bankrupt investors that said "It made sense on paper!"
9 January 2016 | 6 replies
Honestly, it is sometimes better to pay money to walk away from the house, than to let it bankrupt you.