If you lose money, you will normally feel bad and think about where you could’ve spent it. When Pancham Gupta lost $15,000 in a deal, he only felt good. Had he not done his due diligence, he would have lost more money than he expected.
Pancham’s story shows you that all kinds of investments have inherent risks, and you should be ready to lose some if you want to gain a lot. You should also be ready to take a few missteps along the way because they will eventually lead you to the path you’re destined to take.
[00:01 - 05:41] Opening Segment
[05:42 - 15:35] The Best $15K Pancham Lost
[15:36 - 25:41] Doing Due Diligence
[25:42 - 30:23] Closing Segment
Tweetable Quotes:
“Your income going down is a function of a problem and you have to fix that problem, which wasn’t there before.” - Pancham Gupta
“Be a student of whatever you’re trying to achieve and keep learning and take action at the same time.” - Pancham Gupta
Resources mentioned:
You can connect with Pancham by emailing p@thegoldcollarinvestor.com or pancham.gupta@mesoscapital.com. Get in touch with him on LinkedIn and Facebook and check out Mesos Capital to optimize your real estate investing!
Learn more about Myers Methods of Multifamily Investing: http://bit.ly/37u6oK3
Register for Myers Methods Multifamily Investing Course: https://bit.ly/37iozkB
Learn more about the Mid-Atlantic Multifamily Conference: https://bit.ly/2V7SlCC