The reason I created this letter was the amount of "pissed off phone calls" to "happy phone calls" is making me miserable.

If you are going to commit to any of these guru's programs give it a fair shot, I'd say at least a couple of years, before you condemn it or praise it outright.Yes, you can read some books, talk to other investors, and get started with good results, just as you can do this and fail miserably.

Hi Kimberly, I totally related to your post as I too have been thinking, dreaming, and NOT DOING the real estate thing for well over 10 years because I either felt like I wasn't "in the know" enough, didn't have enough money, or that I would fail miserably.

The OP indicates no payments were ever made.I think Rick is referring to all the legal ways in which collection attempts and legal suits can make a borrower's life miserable.

They have on staff lawyers that will likely make your life miserable.

Regrettably you are not hearing from the majority of new inventors that failed miserably.

Target size strip malls, or office space, or NNN, or Pads, or etc...Or are you talking about things like a stand alone building with a hair salon, or similar in it along side of a major road.[2] What can you afford to do Down-payment-wise, in an MMA maybe only a 7/11 strip mall, in a medium sized area maybe a larger bite of the chocolate bar than the 7/11 mall.[3] Do you want partners on deals, (same on all, different on some), must you have partners on deals (loan qualifications, personal weak spots, etc...)[4] How will you swing the bat at financing; do you qualify for the financing your deals will need, will you need others to help you qualify, do you now these people vs risking someone who will make your life miserable and you will hate working with (an unfortunate situation). [5] Do you want to work government handout money for fix up real estate, is there any that looks profitable right now.[6] How well do you know commercial real estate "Stuff"; such as can you identify a 400 amp service panel from an 800 amp service panel, can you identify an electrical transformer that you own from those owned by the utility, what is a plenum, does your building have them, what are those big red pipes with wheel handles on them, hidden behind the bushes (who do they belong to), how long does asphalt last in a commercial lot, and etc...Good Luck!

(12 in May and 4 this month).Above all, be a miser with YOUR cash.

REI is not for everybody and if you go "jump into it" you are probable to failing miserably.

Has anyone gone through this miserable situation?