I lost a building to foreclosure but that propelled me to more success. 

I learned something in every deal I lost though.

We watched as our parents lost their jobs and then their homes. 

Also, no s*** the author of that article lost money, he bought at the top of the hype in '06!

@Chris Martin: Thanks Chris,I think I got it but bit lost too.... here is the dealI have my S Corp for my brokerage business (affiliated with a brokerage house e.g.

I lost count of how many times I've seen that happen.You say that you'll only buy if the price is well under market value...but you are unlikely to be the only one bidding (and if you are, be afraid) and the other bidders, likely to be pros, won't sit idly by while a property goes to a new bidder at a huge discount.Finally, yes, taxes are an issue, but in your state you also have to watch out for super-senior unpaid HOA dues, and those are harder to accurately quantify than taxes.

We are just afraid, that our small home will be surrounded by the larger sized homes in the coming years and we have lost our window of opportunity. 

They lost everything they had saved for. 

I'm 36, so I too wish I had learned and started much sooner, but then I probably would have lost my shirt in 08"Thanks for the responses everybody.

Paid 29 thousand and then lost my shirt in the rehab.