Real Estate Broker · Tampa, FL · Member since 2017 · 1k+ posts · 695 votes
I've been investing in real estate for 20 years and I've discovered that success in this field requires an open mind and a willingness to try new things. To make a profit, you need to keep an eye out for opportunities and be creative with financing. It's also important to fully understand your investment options since real estate investing is high-risk. Investing in your education is a smart move because the right strategies can lead to big returns. However, it's crucial to be aware of the risks and use resources wisely to minimize losses.
This reminds me of something I read about the most successful investors. They HATE to lose money. They do everything they can to make sure they don't lose anything. They'd rather miss out on a little bit of profit than expose themselves to risk and potentially lose money.
20 year VET here. I agree and would like to add that betting on yourself and your ideas will be a common theme. When you hear contractors and agents say "are you sure" you might be on to something. Real Estate is chess not checkers!