$742,000 in Debt Wasn’t the Worst Part
It’s 2007, and I’m living large as a real estate entrepreneur, well on my way to fulfilling my “Rich Dad, Poor Dad” dreams: Designer clothes. Flashy cars. Big house.
A year later, the housing market crashed…
My business goes under. My cars get repossessed. I foreclose on my home (and five rental properties). And I get slapped with a $742,000 judgment for breaking a commercial office lease.