Canadian Multifamily Investors Blog

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Personal Guarantees! Not So Evil After All!

personal guarantees May 18, 2021
 

Once you move to the sandbox of investing in apartment buildings of five-plus units, it's likely someone is going to have to provide personal guarantees on the financing!

How much of a concern is it? That's what I discuss in this post.

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"Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth.” - Theodore Roosevelt, U.S. president