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cover of episode Buying and losing 100 Properties With Jim Adams (Ep 9)

Buying and losing 100 Properties With Jim Adams (Ep 9)

2014/11/4
logo of podcast Rental Income Podcast With Dan Lane

Rental Income Podcast With Dan Lane

Shownotes Transcript

Every real estate investing story doesn't have a good ending.  Jim Adams is proof of that.  Jim built an empire overnight.  He found an estate sale that included 70 rentals for his first purchase.  He than purchased another 30 properties on his own.In a short period of time, he built an empire of 100 houses, and had a staff of 20 people.  When the market crashed, Jim lost all of his rentals, plus his personal house, and his cars.