2 January 2019 | 46 replies
What about investors who form LLC's and then Bankrupt them in order not to pay contractors .
24 December 2014 | 67 replies
But you can also go bankrupt fairly quickly as most of the doctors were doing, while their property managers embezzled the money coming from their multifamily properties in the 50+ multifamily deals in Dallas walked in 2009 and 2010.With multifamily, you're simply dealing with bigger numbers...and the numbers can be positive or negative!
20 April 2022 | 556 replies
I will completely destroy them till they go bankrupt.
25 April 2019 | 148 replies
I know people owning apartment buildings that did well through these times and done that went bankrupt.
20 September 2020 | 156 replies
Debt can bankrupt you quicker then you know.
18 September 2019 | 16 replies
I was living in Cleveland when it went bankrupt and invested in Detroit six seven years ago when it went under.
18 August 2018 | 95 replies
Chasing money for the sake of money is a sure way to become bankrupt in so many other ways.
20 January 2019 | 21 replies
Look at NYC, It was bankrupt 20 or so years ago.
30 August 2018 | 63 replies
I think the worst thing that could happen to you would be to hastily buy a cheap property with some no money down scheme just because you're impatient to get started by an arbitrary deadline of January you set for yourself, and then you get stuck with a crappy property that drains your energy and potentially bankrupts you.
2 August 2019 | 101 replies
I can tell you that almost every 'investor' that was lured in by cheap cash flowing run down properties went bankrupt within a year or two because your rent and expense projections are always way off.