02 Aug CREPN #155 – Commercial Real Estate Investment Lessons with Paul Moore
Commercial Real Estate Investment lessons can be costly. [x_audio_embed][/x_audio_embed] An expensive lesson can ruin you. If you are lucky, you learn something and you still have enough time to recover and make your fortune back. Paul Moore, co-host of the podcast, How to Lose Money, talked with me about some of the lessons he has learned from real estate investing and how they have helped to form the real estate investment strategy he employs today.
Are You a Real Estate Investor or a Speculator?When the market is going up, it’s hard to tell the difference between investors and speculators. But, when the market corrects, speculators are more susceptible to losing. Paul summed up the difference between an investor and a speculator:
- An investors capital is safe from risk with the chance to get a return.
- The speculators capital is not safe with a chance to get a return.