Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
How to invest in RE without losing many thousands of dollars
Hello,
I have recently started connecting with real estate investors and heard some horror stories.
While they do not recommend against investing in real estate, it sounded like their experience included a lot of difficulty. For example, this one real estate investor I spoke to spoke of a time when he was scammed of tens of thousands of dollars and had to go to court. Another example he gave was of a tenant who attempted to sue him.
Many investors I hear about seem to have gone through other serious trials and tribulations.
I was wondering whether there is anyone out there who has had a relatively smoother ride in their investing journey?
I am not necessarily expecting to get a free pass, but, if there is a way to make the journey less painful, I am open to ideas.
Thanks.