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Updated about 9 years ago on . Most recent reply

User Stats

57
Posts
9
Votes
Joseh Orobello
  • Investor
  • Levittown, NY
9
Votes |
57
Posts

venting about the preasures of investing before your ready

Joseh Orobello
  • Investor
  • Levittown, NY
Posted

I have been listening to  alot of real estate podcasts lately, atleast 20 different ones. I have been noticing there seems to always be some making fun of people who have tried there luck at real estate and failed.  All these shows seem to always have a story of 2008 in which a hair dresser, bartender, taxi cab driver,bus driver, etc dipped there toe in real estate when they had no business doing so. Then they seem to tell you enough with the analysis paralyses and just invest already. It will end up being a cheaper education  than a guru. It seems like those that ended up making it are making fun of those that did not (NOT COOL) And they are so much smarter then everyone else. I find that its counter productive and people have become what they once disliked. My personal belief is that people shoud become very educated before investing and not being pressured and caught up in the hype of investing before there time. I know of handfull of people who jumped in before they should have and it ended badly.  The only thing this seems to accomplish is to provide a farm system of cheap properties for the bigger players when the less seasoned ones go belly up. 

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