The One That Got Away - A Real Estate Investment Story

by Lanard

I can't believe I let it get away!

I can't believe I let it get away!

Years before I bought my first investment property, I came across a "handyman special," a duplex that was literally minutes from Downtown Gainesville and a 10-15 minute walk to the University of Florida Campus. The location couldn't have been better.

The owner was willing to finance with $1,000.00 down and carry a note for the difference. So, ditto the location; the financing was as good as good gets.

The property lined up pretty good. All it needed on the outside was a good paint job, but quite frankly, I don't remember much about the inside. However, what I do remember is thinking that my wife was definitely not going to like the idea of living in it while we rehabbed it.

Well, to make a long story short, I procrastinated until somebody else bought it, and every time I drive by it (approximately 2-3 times a year), I'm reminded of just how much of a knucklehead I was back then for not jumping all over it.

It would have been a good flipper but a better "buy and hold investment." To this day, I continue to kick myself in the rear for letting it get away. I'm still crying about it.

Image courtesy of Rattigon at

Comments for The One That Got Away - A Real Estate Investment Story

Click here to add your own comments

The One That Got Away Revisited
by: :Lanard

It still pains me, even after all these years, to think about this.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Real Estate Marketing Success Stories.

Enjoy this page? Please pay it forward. Here's how...

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.

Letters              Email Marketing      Articles    Lead Generation    Marketing Tips