SEC Violators on Facebook?
So many real estate investors, wholesalers and dealmakers unknowingly violate various SEC and other Federally mandated rules. I see these on Facebook quite often. For my real estate friends, be smart.
So many real estate investors, wholesalers and dealmakers unknowingly violate various SEC and other Federally mandated rules. I see these on Facebook quite often. For my real estate friends, be smart.
It’s taken me over 5 years, but I can now officially say I am a successful real estate investor! I’ve learned very valuable lessons, I’ve faced evil schemers, cried for those that lost to them, and learned about my strong points and am still painfully aware of my weak points.
I really don’t mind Gurus telling people to avoid condominiums. Less competition for me! But they have good reason to steer you in the other direction. If you are aware of the risks, and know the profit potentials, it could be a reasonable opportunity to make some good money.
A painful and eye-opening revelation on how we, as rehabbers, set ourselves up for this terrible moment…that moment when you realize the contractor has most of your money and hasn’t delivered the products or services.
You aren’t alone. I’ve talked to hundreds of people that just couldn’t make it work; either what you were taught didn’t work for you, you felt you were left to fend for yourself, you talk to people that tell you “it doesn’t work that way”, and all you can do is keep writing those monthly checks to pay off that dang credit card.