Don't let History steal your Future
Some of you may have been in real estate when the market changed and got caught on the wrong side of changing market, interest rates, prices, etc. If so you have a choice you can continue to kick yourself and just grind on the mistake or you can move on, learn from it and be a better investor for it.
Unlike the sexy get rich quick stories this is a marathon and not a sprint. Thus just becuase you had a hickup don't stop and most importantly don't give up.
This is still the best business for the average person to create financial wealth and security for your family. Now get to work and never make the same mistake twice.
Do you have a Goal, Why are you doing this business?
Do you have criteria, How do you know what a good deal is?
Do you have a team and support from the people closest to you?
We never saw a market like 2003-2006 and we have never seen a market like 2008-....
In the end don't let History steal your future
Good Investing
Comments (1)
Mike I have to agree. Investors need to be flexible because markets can and do change over time. Many of my purchase criteria don't really change, but how and where I can find deals does. Also what is a good deal changes over time.
Account Closed, almost 14 years ago