Fancy Pants Foreclosure Investor Loses $82,000

Posted on January 15, 2009
Filed Under Foreclosures Investing |

St. Louis short sale investor Shaun McCloskey tells of a recent investment eal in which he lost a heartbreaking $82,000 — and the lessons he learned from it.

Duration : 0:9:55


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Comments

6 Responses to “Fancy Pants Foreclosure Investor Loses $82,000”

  1. DontPanic6X7 on January 15th, 2009 8:56 pm

    Thanks for the …
    Thanks for the useful info.
    I am looking into REI…don’t need a “no money”
    scheme or to get rich overnight. Flipping=scary.
    - Where do I learn nuts/bolts of basic
    rental prop. purchasing/pricing/rent setting guidelines???, Thanks

  2. krusier11 on January 15th, 2009 8:56 pm

    That is an awesome …
    That is an awesome story. What does education cost these days? For most, nothing except a life/career of following the boss’ orders, while needing to get that raise after raise…hoping and praying that the money manager handling your 401k was smarter than you. Thank you so much for this video and all the rest. I subscribed a while ago and love every minute of it. THANK YOU!!!

  3. kvmairforce on January 15th, 2009 8:56 pm

    I’m thinking about …
    I’m thinking about starting in real estate. I’m glad you posted this, I learn more from people’s mistakes than people’s successes. I’ll start low.

  4. stacks33 on January 15th, 2009 8:56 pm

    My Simple formula …
    My Simple formula would have prevented that! Great seminar cost! $82,000! WOW!!!

  5. Ju5tClever on January 15th, 2009 8:56 pm

    Thanks for the video
    Thanks for the video

  6. arytonjames on January 15th, 2009 8:56 pm

    idiot
    idiot

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