Magnificent 7 Nominee: Is actually a confession.
Casey Serin writes a blog spun out of his circumstances where he actually made some purchases. The confession: “
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I’m a 24-year-old aspiring real estate entrepreneur from Sacramento CA. After going to few seminars I bought 8 houses in 8 months across 4 states with no money down. I fixed and sold 2 and then ran out of cash. I am now facing foreclosure on 65 houses. I’m learning my lessons, finding solutions and blogging about it. Comments appreciated!
This was selected as so many people believe its a world of luxury and wealth awaiting those that decide today is the day: “I am going to pick up a foreclosure”. I have done this, and believe me it is a business, not a hobby. After 12 properties and lots of competition I decided to go into a different business. One more predictable, real estate sales.
I don’t say don’t do it, I just say it is a serious business and a lot of work.
Click Here and visit his website.
