Real Estate Investment
My first real estate investment opportunity actually came about through connections with some friends. I knew several people who were thinking about buying a house together. A few of them wanted to live in it, but the rest just wanted a share of the profits. The ones who were living in it would pay for the privilege by fixing it up. Then we would all sell it together and split the profits evenly. There were enough of us that we didn’t even have to get a mortgage! It was beautiful.
It was an easy business, and a successful one. I doubled my investment, and best of all, it made me curious about other real estate investment opportunities. I was careful when I first got into it. I have known too many people who thought that real estate investment opportunities were perfect. They believed that there was no risk whatsoever. If you bought a house, it would automatically go up in value.
