Helen Chorley
PG Rating for a Property Investment
Has your property investment got a PG rating? ๐ฟ #personalguarantee

Doesnโt that sound reassuring in this game!
โ๏ธ๐ค Not too much drama
๐๐ฆต No gratuitous scenes
๐ช๐ You have the power to decide whether itโs suitable
Except a Personal Guarantee is far more complex. It does NOT guarantee you will regain your capital, no matter what the intentions.
๐ Tough reminder time:
โ Read the small print
โ Ask yourself why a PG has become your reassuring exit strategy for this deal. Has risk been mitigated enough through deal analysis? Yours OR theirs. Is there a hint of urgency or desperation?
โ Due Diligence on the PG pledgerโs other business dealings and relationships. This PG could mean diddly squat with co-ownerships or undisclosed deals and holdings outside of this project!
Go back and check the exits โฉ
What are your thoughts on PGs?
For more discussion about the dangers of legal guarantees in property investment check out my article out now in Property Investor News!
#PINmag #propertyinvesting #angelinvestor #propertyspeaker #investing