We Literally Cannot Believe People Made These Poor Financial Decisions

Know the neighborhood

Inheriting a large sum of money can be a blessing or a curse, depending on how you use it. For this person’s cousin, it was definitely the latter. Still, investing in real estate is not as simple as it might seem.

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In fact, according to a study by Forbes, 60% of real estate investors fail to make a profit. And the location is not the only factor to consider; the condition of the property and the real state market in the area are also important factors!

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