EXPERIENCE IS NOT ENOUGH

Q/A: JESSE BREEZE

- Mike Goldberg

What is the point of the experience, if not to receive the lesson?

In one of the historic homes of downtown Charleston, there’s a Latin motto painted across the wall of the dining room that translates to:

“Anticipation is Superior to Vengeance”

It was a reminder from the builder of the home back in the 1700s to all generations who would eat in that room, to make smart choices. Never send your ships to the Orient during hurricane season.

If you make good decisions, you’ll never have any reason to get angry.

I found this story while reading a great piece of copy on real estate investing — on the subject of due diligence. This is the process of determining what you are getting into when you are considering buying a property.

How do you know if the property is solid, or if it’s a money pit?

Expert investors know what to look for. They know the telltale signs which indicate serious problems. And they know when they’ve found a massive bargain.