Real Estate Mistakes

Too many books tell the story of the glories and benefits of investing in real estate. But what about the realities and hardships that accompany these tales? Stress, insufferable debt, and financial nightmares-these situations are commonplace, yet rarely discussed. Until now. In this newly revised second edition with updated appendices and resources, expert real estate investors Monika and Vaughan Jazyk of RPI Education reveal their family's true story ?about their trials and tribulations in real estate. With a detailed inside look at many of the silent suffering many entrepreneurs endure on their path to wealth building, this everyday family copes with the grueling reality of "real estate gone wrong"-and how to pull through even the most seemingly outrageous of challenges. This narrative drags out all the demons and shines a glaring spotlight on the REAL world of real estate. The Jazyk family teaches us how we can avoid costly mistakes that can break the bank, while sharing the mindset of successful real estate investors, including: The REAL costs of real estate education. The misconceptions and myths of using OPM (other people's money) for real estate. The cold, hard TRUTH about popular investment strategies. The importance of keeping your investment decisions purely BUSINESS. Expenses you can avoid. The money and time involved in owning property rentals. Templates and worksheets you can use at home to strategize YOUR LIFE around your investments. A must­ read for anyone who craves a realistic approach to save thousands of dollars and our most valuable asset: time.