Can someone lose in real estate?

[LoukiaCharilaou]

But you have properties on the beach too @LoukiaCharilaou i cant afford properties at the beach, out of my league, at least my home is only 10-15 minutes to reach the beacb

It is so nice that you are not far away from the beach, so you can visit it often.

 

[RicAngelo]

It is so nice that you are not far away from the beach, so you can visit it often.

Yes, i wish i can buy properties on the beach some day, because we are never lose if we have properties on the beach, i envy you and your family who have properties on the beach, such a great investment, though

 

[Bisolami]

We are lucky in my country because we have never experienced tsunamis. It is tragic. I hope that tsunamis will never happen again.

I don't think it is ever possible for tsunami not to happen again but I just hope that we all stay safe

 

[LoukiaCharilaou]

I don't think it is ever possible for tsunami not to happen again but I just hope that we all stay safe

Yes, I hope that all people will stay safe and away from dangers like earthquakes and tsunamis.

 

[Bisolami]

Yes, I hope that all people will stay safe and away from dangers like earthquakes and tsunamis.

Yes my friend
It is inevitable and it will surely happen in some countries. I just feel sad for them and I hope they get over it

 

[LoukiaCharilaou]

Yes my friend
It is inevitable and it will surely happen in some countries. I just feel sad for them and I hope they get over it

Yes, I understand. The only thing they can do is to stay away from the beach. In this way, they can be safer.

 

[Bisolami]

Yes, I understand. The only thing they can do is to stay away from the beach. In this way, they can be safer.

The fact that the property will have more value when it is by the beach does not mean that it is safe it is better to shift it.

 

[Heatman]

There is no business that does not have a two sides of business duality of lose and gain. Real estate can turn negative if the economy is in spiral fall. Secondly, it can equally be affected by government policies and natural disasters. There is no business or investment that does not have potential of growth and depreciation.

This is something a lot of people need to understand because in any business there is always a chance of losing which is understandable but you will always have to work on getting back to winning ways.

 

[Bisolami]

This is something a lot of people need to understand because in any business there is always a chance of losing which is understandable but you will always have to work on getting back to winning ways.

A lot of people always think that they can only win in real estate not knowing that it is very possible for them to lose and it is very important to know the kind of business that you want to do and not just do it because other people are doing it

 

[LoukiaCharilaou]

The fact that the property will have more value when it is by the beach does not mean that it is safe it is better to shift it.

I agree with you. In my opinion, safety is what really matters. We must protect ourselves as much as we can.

 

[Bisolami]

I agree with you. In my opinion, safety is what really matters. We must protect ourselves as much as we can.

Apart from the fact that we are sure that we cannot be scammed, we should also make sure that we know about the business. It is an important safety tip

 

[LoukiaCharilaou]

Apart from the fact that we are sure that we cannot be scammed, we should also make sure that we know about the business. It is an important safety tip

Oh , yes. This is another thing. Of course, we should know about the business very well.

 

[Bisolami]

Oh , yes. This is another thing. Of course, we should know about the business very well.

If we don't know about the business very well, we will just continue to put some money into it which is not going to help the situation at hand

 

[Heatman]

A lot of people always think that they can only win in real estate not knowing that it is very possible for them to lose and it is very important to know the kind of business that you want to do and not just do it because other people are doing it

Any business owners that only thinks about making profit in his business is making a very serious mistake because he or she would not be planning on how to survive when business hit a dead end.

 

[Bisolami]

That is true
Apart from making profit, the person should be ready to face challenges so it should be part of his plans

Any business owners that only thinks about making profit in his business is making a very serious mistake because he or she would not be planning on how to survive when business hit a dead end.

 

[LoukiaCharilaou]

If we don't know about the business very well, we will just continue to put some money into it which is not going to help the situation at hand

I agree with you. Knowledge is essential because it can help us avoid any mistakes.

 

[Bisolami]

I agree with you. Knowledge is essential because it can help us avoid any mistakes.

Even if we make mistake, we should be able to prevent that same mistake from happening next time.

 

[LoukiaCharilaou]

Even if we make mistake, we should be able to prevent that same mistake from happening next time.

Yes, mistakes can happen. However, we must try not to repeat the same mistakes.

 

[Bisolami]

Yes, mistakes can happen. However, we must try not to repeat the same mistakes.

Mistakes are just like a lesson to us. Anyone who makes the same mistake up to three times may always continue to make the mistake.

 

[Heatman]

Mistakes are just like a lesson to us. Anyone who makes the same mistake up to three times may always continue to make the mistake.

Yeah, that's very correct. Mistakes are lesson and I also see them as a stepping stone to success. They show you what you are not suppose to do.