RULES FOR INVESTING WITH OTHERS • Don’t buy properties that you don’t know how to manage. • Do buy at a price and on terms that will produce cash flow. • Don’t make projections. • Never invest with someone who has to borrow the money to invest. • Don’t overpromise. • Do write down your agreement in such a way that it cannot be misunderstood in years to come. • Protect your interest by taking title to half interest in the property to secure your interest. • Protect the investor’s interest by having him on title for half interest, plus give the
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