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Updated about 17 years ago, 10/24/2007

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1,329
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584
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Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
584
Votes |
1,329
Posts

The best of times..to the worst of times...

Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
Posted

So I started out well enough...life was good after I entered investing. I sold a couple properties, cashed out ready to move on up to the next. Don't know how my little world came crumbling down, but it did. I got hit with a major suit. (side note: don't have kids with jerks with control problems, especially when they can come up with the funds to sue you as the great american judicial system has no qualification process for someone with a biological tie to come after your kids, even completely unfoundedly...and you will be forced to spend a GREAT deal of money to deal with that mess. Why this is even allowed is beyond me, or why you can rarely get your money back from a frivolous suit is ridiculous...ahhh! Burns me up...but I digress...)
So anyway my legal problems are a constant thorn in my side. Meanwhile my market has produced a fantastic buying situation, but I am terrified. I have serious fears of tying up my reserves in a project and somehow not being able to have them available to blow up my lawyers pockets and somehow giving the ex the upper hand. It's a true nightmare. I feel totally crippled as I have opportunities but am truly scared of buying now.
But whats the option??? The 9-5'er...jesus christ, no thanks.
Anyway I need to save myself from that impending loom and get serious about another project ASAP....if only I could get over the fear of what could become. I swear I am ten times as scared to buy now as I was when I bought my first rehab and in the back of my mind I know I would make money if I could just snap out of this.
OK...well just my random rant for the month. I better have a great real estate success story next time...lol.

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