CHAPTER 4

Cribs

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Figure 4 Real estate adventures

Photo: Peeterv/iStock by Getty Images

Let’s start with the business of property ownership otherwise known as real estate investment. This is a common business that people from all walks of life try to get into. All you need is money, good credit, and thick skin. We all need to thicken up our skin because that is what it takes in business practices. This goes for most business investments. Nothing comes without taking a risk, but in the real estate world there are many things that can come up both before and after the transaction.

Some people are extremely successful in real estate investment, and ...

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