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Updated over 9 years ago,

User Stats

63
Posts
4
Votes
William Wong
  • Investor
  • Ottawa, Ontario
4
Votes |
63
Posts

How to invest in RE without losing many thousands of dollars

William Wong
  • Investor
  • Ottawa, Ontario
Posted

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.

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