Skip to main content
No. of Recommendations: 0
the fact that you made a lot of money in a fairly short time does not mean that you did not take a lot of risk.

Well, just like a stock portfolio, I haven't really made the money yet since I haven't sold them, but wasn't my selection and purchase a lot less risky because I have practically no money in the deal? How do you perceive the risk?

One thing I did know enough to do was make sure the rental market in the area was robust (working class neighborhood). I rented them somewhat below market rates so the phone was ringing off the wall with prospective tenants.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.