How My Real Estate Investing Adventure Came to an End

This article is by staff writer Adam Baker, whose own blog previously featured a comparison of money gurus in Dave Ramsey vs. Suze Orman. This is final article of a three-part series on how he stumbled into real estate investing at age 23.�Be sure to read part one and part two.In the second part of this series, I discussed two mistakes I made when jumping into real estate investing.�Despite running a successful property management company and knowing how the business worked:I bought a negative cash flow property without an emergency fundI got emotionally involvedIn the conclusion of this series, I want to share three additional mistakes I made, and give my final thoughts on my experience. Let’s jump right in.Mistake #3: I had a short-term mentalityI had just purchased an 8-unit apartment building, the value of which would take several years to restore. Despite knowing this, I was operating as if I could solve all [...]
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[Source: Get Rich Slowly]