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Posted over 7 years ago

If it looks too good to be true then__. If it was easy then _____.

Listen I am not want to step on anyone's dreams. I am a dreamer myself. But  if a deal looks too good to be true then it most likely is. You have to be an optimistic person but you also have to sprinkle in some skepticism. Look at each deal with both eyes wide open. Sometimes sleeping on it does wonders. The next day you may see that investment in an entirely different light. The question I am asked a lot has to do with risk. Once you really know what you are doing in this business or any for that matter the risk is reduced to nearly zero. I buy a lot of property and I probably lose $ on 1 out of 10 but that is always factored in when I make the decision to move forward. The key is to limit your failures. Especially when you are just starting out. You want to move slow and be careful. Then you will over time (a long time) become the investor you dreamed of being. Its not easy. If you read a book or take some experts course and they make it sound easy then run the other way.



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