Quickest Way to End a Friendship
You guys, can I offer you a bit of life advice that I learned the hard way? Don’t have any business, financial, or real estate dealings with friends unless everything has been clearly set out in writing beforehand, and you are okay with the possibility of losing the friendship in case something goes terribly wrong.
This guy learned this lesson the hard way (don’t we all?) when a family friend lost him tons of money. This is why you don’t have business dealings where you don’t have anything more binding than “I was under the impression that…” to make sure things go how you’re expecting.