Lessons Learned After Losing $2.5M in Real Estate
Summary
This video discusses the lessons learned from losing $2.5 million in real estate investments due to changing local laws, increased competition, and rising crime. The speaker emphasizes the importance of periodically evaluating and divesting underperforming assets to reallocate resources to more promising ventures. The video also touches on the impact of market dynamics like increased supply and price wars on profitability.
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