Ok,
I hear alot about success story in this business but what about failures in between? Did anyone have any dealings that resulted in a loss in the past? Was it your first deal? What went wrong? Miscalculated the values? Or slowing market?
How did you get out of it? More creative financing? Or just bit the bullet?
Would love to hear, thank you.
I personally have never had a real estate loss (knock on wood!)…close once when I built a house while I was stationed in Utah and got orders about 6 months after we moved in but wound up making about $500 when the dust settled.
All of my investment properties have had strong positive cashflows and made money for me when I sold…
Maybe I’m just lucky…but, the harder I work, the luckier I get! 
Keith
i’VE been in this business for only the past year. What I beleive is key is to make your money when you buy .
Cashflow is always king and mutiple properties will keep you alive when a vacancy or un-expected repair occurs,. good management can reduce your chances of the un-expected happening.
that’s just personal advise from me (I buy and Hold)
dun-deel