วันอาทิตย์ที่ 29 กรกฎาคม พ.ศ. 2561

Hubris Is Fatal: Knowing When to Walk Away From a Flip

From the time I had put my first property under contract in 2002 to three years later in 2005, I had experienced phenomenal success. My net earnings up to that point were over $1,000,000 with approximately thirty homes sold, closed, and recorded. But 2006 would forebode the worst to come. Even though I made about $300,000 in 2006, the following year of 2007 and 2008 was essentially a clean-up operation on some properties I purchased in 2006. That was around the time that I would close five homes that clearly deviated from the investment dogma I had established and adhered to like a monk.


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