One Day or Day 1 Podcast with Nick Ricco

Episode 16: Lessons from a real estate investment mistake.

Nick Season 1 Episode 16

In this episode Nick shares lessons from a mistake he made buying real estate.  In this episode he shares the lessons he learned from buying a property at the height of the market and putting less than 20% down.  The lessons he shares are:

·        The importance of knowing your numbers

·        Not all loans are created equal

·        A loss on paper is not the same as a real loss (but it still sucks!)

·        Learn from your mistakes

·        It is up to you to make the final decisions and to do your research