How do you protect yourself against a thief?

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What kind of question is that?

Well, it’s one I came up with while reading George H. Ross’s book, Trump Strategies for Real Estate: Billionaire Lessons for the Small Investor.  George gives the answer on page 74.

And, from personal experience I can vouch for its veracity.  His answer is the truth.  I know because I’ve experienced it first hand.  Not pleasant.

The answer is a bit unnerving.  It’s not fair.  But, it’s spot on and you want to heed it’s warning.

I knew the answer.  I suspect most people already know the answer, but it was nice to see it in writing from George.  Nice to see him verifying what I already knew.  What I already learned from painful experience.

As usual, the answer is simple, uncomplicated and hard hitting.

George answers this question in chapter 4 titled, “High-Powered Real Estate Negotiation Techniques and Tactics.”  He’s discussing 5 critical goals when entering into a negotiation.  One of these goals is, “Assess the other side.”

He starts by saying, “It is essential to know the personalities, knowledge and desires of your opponents.”

Then he answers my question.  Remember my question?  How do you protect yourself against a thief?

Here’s what George says …

If you think they are untrusworthy, you should run for the nearest exit!  There’s no way you can ever protect yourself against a thief.

There’s the answer; simple, plain, uncomplicated.

Bottom line.  You can’t.

George goes on to explain further …

No legal document can protect you.  Nothing can.  If you get involved with someone who’s a thief, you’re in big trouble.

I’ve been there.  I’ve heard the sales promises.  I’ve signed the contracts.  I’ve trusted untrustworthy people.  And, I’ve lost.

George is right.  I had to learn the lesson the hard way.  Hopefully, you’ll learn it from reading this article.

If you liked this article you may want to read, When’s the best time to borrow money?

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  1. Thank you for a good post.

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