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Updated over 9 years ago on . Most recent reply
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Not so Friendly Advice
Why is it that every person I speak to that is in the REI industry is very supportive and tells me now is a great time to invest, while everyone I know personally and isnt in the industry tells me now is a bad time and are very pessimistic? Did anybody get this starting out?
Most Popular Reply
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People fear what they dont understand, hate what they cant conquor.
There are people who want to take risk and those who dont. getting into real estate investing is a risk. Forget the nah sayers because those are usually the people who are to scare to rock the boat or make a change in their situation. In my opinion anyway.
My sister who works in accounting for the government said that i shouldnt get into house flipping because the real estate market is unstable. But not knowing all aspect and channel of investing is what lead to her assumption.
Bottom line: Forget the negative and keep moving forward. If this is something that you feel you are prepare to do put your all in to it so you won't fail.