How I Lost Money in Real Estate Before It Was Fashionable : A Cautionary Tale
For every success story of a real estate investment that turns into millions, there are even more horror stories. Every investor has one-go ahead, just ask them.
The scary tenants, the prolonged vacancies, the dastardly contractors don't have to keep you away, but you should know that these things can and likely will happen to you on your real estate journey.
JL Collins, author of the international bestseller The Simple Path to Wealth, recounts his first experience as a real estate owner and investor. Impossibly naive and ready to capitalize on a hot market, he signed on the dotted line. Then the trouble began...
In this humorous, engaging, instructive, and brilliantly illustrated tale, Collins weaves his tale of real estate woe and financial pain.
While he has realized success with other real estate investments and is known for his enthusiastic endorsement of index fund investing, his first foray into real estate will give you a realistic idea of what could go wrong. Invest with eyes wide open after reading this captivating story.