How Do I Protect My Deals?
This is a question to all you experienced investors:
I have two properties under contract and intend to assign them. However, how can I protect myself/my deals from an ill-intentioned investor who reviews the terms of my purchase agreement and decides to wait and offer the seller just a little more than my offer?
Do I need a NDA?
Is that practical/reasonable?
Or am I being over protective?
Any suggestions?
Thanks,
Brandon
There really isn’t a way to stop unethical investors from stealing your deals with the exception of a Louisville slugger..
there are legal documents that you can have everyone sign and suits that you can file but in the end its all about trust...
I have paid to have a couple spec homes built. The contract with the builder states that the builder is not responsible for any losses or claims that may result in connection with the houses and their construction.
I want to know if I can get insurance now which will protect me while the houses are being built and also after they are finished. They will likely be finished in January or February. I intend to sell them soon after they are completed.
How can I be protected against claims and losses?