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On this episode of Investing in Real Estate, I’m sharing a personal, devastating story of how I once lost everything in a speculative land project. You’ll hear the details of the deal and how it went under.
More importantly, I’ll share how I recovered from that setback. I’ll discuss the lessons I learned about investing in real estate, why I chose to continue investing, and how to have a positive mindset when things don’t go your way. I hope this episode inspires you to move forward, no matter what hardships you’ve faced.
On this episode you’ll learn:
- The details of the speculative land project.
- What happened with the banks when the project went under.
- Why speculative real estate is dangerous.
- How I pivoted to buy and hold real estate.
- The circumstances that forced me to get creative with financing.
- Why I decided not to quit investing after a bad deal.
- And more!
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