One asset class that has always baffled me is Real Estate.
It is the first investment most of us make. Sometimes, to get a roof on the head and sometimes because “you can never lose money with real estate“.
Like all good myths, there are these stories of how ‘someone’ has made it big time in property investments.
You and I too get carried away and start to dream big. The shopping spree starts – buy a couple of apartments, commercial shops and offices and even land tracts.
We hope to have the inspiration of the genius work for us too.
Apparently, this real estate investor has been able to traverse through various real estate cycles and made money, big time.
I too want to believe that the genius does exist somewhere.