{ 1:30 minuets to read}
Real estate is an excellent investment, but when investing in real estate, you have to remember that anything can go wrong. You might have a good deal, or end up losing some or even a lot of money. It’s the nature of the deal. You have to be able to pick up the pieces and move on to your next one.
As in any business, in real estate there are good deals and there are bad. If you end up in a bad deal, you need to know how to come clean and get ready for your next one. You might lose the battle, but you’re not losing the war.
Everybody has their real estate disasters. When it comes right down to it, even the biggest and best investors, like Donald Trump or the Reichman brothers, have their setbacks. The trick is to just pick it up and move forward.
I think that’s the lesson coming out of this past year. It’s a new year. If you had any bad situations in this past year, cut your losses. Re-group and re-brace yourself. You can make it good in this new year.
Mendy Lipsker
Mendy Realty Inc.
822 Montgomery St
Brooklyn, NY 11213
Phone: 646.662.5454
email: info@mendyrealty.com
website: mendyrealty.com
