![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/68171/small_1621414072-avatar-dfwsnapshot.jpg?twic=v1/output=image&v=2)
1 December 2024 | 134 replies
Now granted this is rare to the extreme but if your the one losing out its painful.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2099314/small_1621518061-avatar-jenniferh349.jpg?twic=v1/output=image&v=2)
3 December 2024 | 51 replies
You would want to start with searching on YouTube for: "Clayton Morris Loses $7 Million Lawsuit" He didn't realize that @James Wise had his ish together and got a big wake up call.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2222541/small_1695307447-avatar-saip18.jpg?twic=v1/output=image&v=2)
1 December 2024 | 13 replies
Most people who lose in real estate see it as a road to short-term riches, which it generally is not.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2582426/small_1715639872-avatar-jamiebanks.jpg?twic=v1/output=image&v=2)
26 November 2024 | 11 replies
You will likely be losing the right to a homestead exemption, so let your local municipality know.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3151433/small_1732912889-avatar-meganm246.jpg?twic=v1/output=image&v=2)
1 December 2024 | 4 replies
Also, I've generally found the average Section 8 resident to be more difficult to manage and they are rougher on the property than those with a security deposit to lose.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1175703/small_1710010246-avatar-nadirm.jpg?twic=v1/output=image&v=2)
23 November 2024 | 9 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3149443/small_1732390950-avatar-lucianog7.jpg?twic=v1/output=image&v=2)
25 November 2024 | 2 replies
Take short-term rentals - they do provide several tax benefits, but they are hard to run and very hard to succeed at so people make the mistake of choosing the tax vehicle, get the benefit, and then lose money on the investment and hate it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/793743/small_1694702812-avatar-pamelam28.jpg?twic=v1/output=image&v=2)
5 December 2024 | 34 replies
You have more to lose than they do.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2966323/small_1709747578-avatar-patriciav45.jpg?twic=v1/output=image&v=2)
2 December 2024 | 13 replies
The truth is, a large percentage of landlords lose more money making rookie mistakes than they would pay for professional property management.