Updated about 8 years ago on . Most recent reply
Justifying the risk of starting
Hey all,
I'm just starting to seriously look into real estate investing and I'm struggling to get past the initial risk. How do I justify the risk of using what little money I have saved up to buy a house to rent out. I'm only 27 and have plenty of time to gain it back, but I have to look forward towards paying for children and the like.
I would assume I should do any investing I may get into through a private company to shield myself from a lot of the risk? But I'd still be risking a large portion of my wealth.
How do you justify starting when so many fail? Not only to myself, but also my wife and family?
Thanks