George's first deal didn't work out the way he planned.
Construction cost more and took longer than planned, mortgage rates went up, and insurance was higher than expected. However, the property still ended up being a great deal. It still cash flows and has been appreciated nicely.
In this episode, we review what went wrong and figure out why everything still worked out.
We also talk about how George accidentally started investing in real estate when he couldn't sell his primary residence.
http://rentalincomepodcast.com/episode507
Rental Income Podcast With Dan Lane