In this episode Nick shares lessons from a mistake he made buying real estate. In this episode he shares the lessons he learned from buying a property at the height of the market and putting less than 20% down. The lessons he shares are:
· The importance of knowing your numbers
· Not all loans are created equal
· A loss on paper is not the same as a real loss (but it still sucks!)
· Learn from your mistakes
· It is up to you to make the final decisions and to do your research
