Quote:
Originally Posted by Robbie
No. No. And No. lol
The properties were in the middle of a nice business district. When the economy tanked it seemed that 75% of the small business around closed up shop. 
Shit happens. Fortunately I made enough money in adult to pay for that whole fiasco. And I learned my lesson about stretching myself too thin.
My grandfather (made millions in the citrus industry in Fla.) passed away a couple of months ago at the age of 91. And one of the pieces of advice he gave me over the years was: "If you try to do two things at once you'll only do them half as good"
He was right. |
Grampa had a great saying, I like that. So true. You always make the most money in the one you give 110% to.
You must of got some kind of write off.
Don't let that scare you, real estate is a great investment. You had a bad experience with that one, will just make you think twice about the next one. But don't give up on it.