Joel Friedland: How $70M in Debt Nearly Ended Him, Now He Buys All-Cash

Today, I welcome Joel Friedland to the Investing Secrets Podcast. Joel has spent 45 years buying single-tenant industrial buildings around Chicago. But in 2008, with 50 buildings, seven banks, and $70 million in personal guarantees, he nearly lost everything. He walked away from deals for a full decade and came back at 60 with one rule: buy all cash, zero debt, so his investors can never lose their money to a bank again. Today he runs Brit Properties, where he syndicates industrial buildings ...