Can you guys tell me what you think about this
My name is carlos.. I been flipping houses for 3 years and I have done well.. I am worth a million liquid and 500 grand in assets I currently have 3 Shortsales pending with very good approvals coming..
I am in the queens New York area
My problem is this...
I bought a mansion to flip with my business partner and friend damian...long story short it was a disaster.. I spend way to much and bleeding money every month.. it took us a yeAr and a half to get rid of the tenant every month is 13 grand out my pocket... I believe I am going to lose a nice amount of money on this deal... my attitude is always been... you solve a money problem by making more money... I flip 3 properties and got pending approvals for 3 more... long story short... my attitude is eventually I sell it and whatever the **** I lose I make it back..
I am being to confident or is this a good attitude to have..
Carlos