Robert
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Podcast Appearances
Actually, I got notice about an hour ago that he's willing to do a little bit of negotiation, so we might be able to knock that number down significantly. Oh, good. That does change the formula with his father-in-law then. Yeah, yeah. And like I said, the last wrench in the gear here is that my wife has that PPP loan that's almost $75,000. She is the sole guarantor on that. Holy crap. Yeah. Yeah.
Actually, I got notice about an hour ago that he's willing to do a little bit of negotiation, so we might be able to knock that number down significantly. Oh, good. That does change the formula with his father-in-law then. Yeah, yeah. And like I said, the last wrench in the gear here is that my wife has that PPP loan that's almost $75,000. She is the sole guarantor on that. Holy crap. Yeah. Yeah.
Yeah, so she did it in the name of the business, but she only used herself on the math.
Yeah, so she did it in the name of the business, but she only used herself on the math.
Yeah, so she did it in the name of the business, but she only used herself on the math.
Not exactly, but I'll go with it for now. What do you think the rent will go down to?
Not exactly, but I'll go with it for now. What do you think the rent will go down to?
Not exactly, but I'll go with it for now. What do you think the rent will go down to?
I can't recall off the top of my head.
I can't recall off the top of my head.
I can't recall off the top of my head.
We don't have a whole lot on hand. I mean, my wife and I got through the Financial Peace University a few years back. We could potentially throw an emergency fund at it. I know this is not emergency, quote-unquote, right?
We don't have a whole lot on hand. I mean, my wife and I got through the Financial Peace University a few years back. We could potentially throw an emergency fund at it. I know this is not emergency, quote-unquote, right?
We don't have a whole lot on hand. I mean, my wife and I got through the Financial Peace University a few years back. We could potentially throw an emergency fund at it. I know this is not emergency, quote-unquote, right?
No, the business is doing not well right now. We could potentially liquidate, which we're going to have to do anyway. We're trying to do some kind of fire sales on the remaining items and wholesale things to other businesses in the area.
No, the business is doing not well right now. We could potentially liquidate, which we're going to have to do anyway. We're trying to do some kind of fire sales on the remaining items and wholesale things to other businesses in the area.
No, the business is doing not well right now. We could potentially liquidate, which we're going to have to do anyway. We're trying to do some kind of fire sales on the remaining items and wholesale things to other businesses in the area.
Yeah, it could be something like that. Should I try to seek some kind of notarized agreement as to how we break this down? Yes.
Yeah, it could be something like that. Should I try to seek some kind of notarized agreement as to how we break this down? Yes.
Yeah, it could be something like that. Should I try to seek some kind of notarized agreement as to how we break this down? Yes.