Today David is known for being a real estate investor and fellow educator, syndicator and entrepreneur. However, before this enterprising founder of Hassle-Free Cashflow Investing stepped into his current roles, David had other goals.
Last week I started talking about some of the 7 deadly mistakes I’ve made in real estate. After publishing that piece I got a lot of questions, so I figured maybe I’d go further this week in this article. Why not, right?
Because I’ve been doing deals in real estate for several years assures you of one thing… I’ve made mistakes. Some pretty costly errors and others were more easily corrected. What I learned is that there are 5 things you ALWAYS need to do, especially when you’ve made a mistake.
I could have given this article the title of “Deals Gone Wild!” But it’s really more like wildly off the tracks for various and different reasons. In fact, 7 times I’ve had deals go belly up, which cost me $1,000,000+ in the long run.
William Arntz started his professional career as a research laser physicist, working on “Star Wars” high energy lasers. He then moved on to software, writing “AutoSys”–an automated job control system currently in use by most Fortune 500 companies.