Updated over 10 years ago on . Most recent reply
Not so Friendly Advice
Why is it that every person I speak to that is in the REI industry is very supportive and tells me now is a great time to invest, while everyone I know personally and isnt in the industry tells me now is a bad time and are very pessimistic? Did anybody get this starting out?
Most Popular Reply
People fear what they dont understand, hate what they cant conquor.
There are people who want to take risk and those who dont. getting into real estate investing is a risk. Forget the nah sayers because those are usually the people who are to scare to rock the boat or make a change in their situation. In my opinion anyway.
My sister who works in accounting for the government said that i shouldnt get into house flipping because the real estate market is unstable. But not knowing all aspect and channel of investing is what lead to her assumption.
Bottom line: Forget the negative and keep moving forward. If this is something that you feel you are prepare to do put your all in to it so you won't fail.