About the Book

Discover 21 true stories of real estate investing deals that went terribly wrong and the lessons you can learn from them. The cost of these "deals gone bad" total millions of dollars in losses, years of unproductive activity and incalculable emotional stress. However, you’ll obtain the enormous benefits of the powerful and profitable learning lessons from these 21 mishaps without the costs! You’re about to gather lifelong, extremely valuable real estate investment and house flipping wisdom that has taken others a lifetime and a fortune to learn. This book is a must read for anyone planning to be or is already a real estate investor because you'll find out what NOT to do in real estate

About the Author

Phil Pustejovsky is the most sought after real estate investing mentor and has the #1 YouTube channel for real estate investors in the world with more than 7 million views. Before becoming a best-selling author, national speaker and real estate celebrity, Phil started from humble beginnings, living out of his truck, homeless and eating canned beans for food. But through the training of a mentor, he mastered the art of investing in real estate and has gone on to be a part of more than 2,000 deals, ranking him among the most experienced real estate investors alive.

About the Reviews

Almost all real estate gurus paint a rosy picture around real estate with words like "automatic income", "passive income", "nest egg" and the outright lie like that investing in real estate gives you total control over your investment.

As an investor with some hands on experience with real estate I can now attest to the deceptive nature of most real estate advice for novices.

If you are serious about real estate, give yourself an education first and don't fall for the trap that real estate is hands down the best investment category this world has to offer. In the end it all depends on you, the investor, and how much you are willing to study, to learn and to how much stress you are willing to put up with in order to build up the expertise you need. Only with enough expertise real estate will BECOME a great investment for you.

Mr. Pustejovsky's book is a great guide for beginners with 21 different examples of RE investing gone bad. In almost all the examples the investor was new to the field or decided to start investing in a type of RE he was not familiar with. I wish I had read this book years earlier, because one of the examples was very similar to my first RE investment.

So, after all the rah-rah real estate books and seminars you went to, now give yourself a real education and read this book. For the price I paid for it (1.10 dollar on Kindle), I consider it a steal.

Thank you, Phil Pustejovsky!

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Wow...I liked all the stories and how people made mistakes BUT the solutions or lesson learned that the author gives at the end of the stories seem to miss addressing the real problem in real estate investing or I should say speculating. The real problem is that nobody has any loyalty or morals except to only themselves and the mighty dollar. From the stories he gives banks involved with organized crime, city governments running scams , deals with friends turning bad. In all stories he gives it was about someone not being on the level and the other person getting taken advantage of. So what chance does Joe Average have? So all these get rich in real estate books are just the same as all those beat the casino books that entice patsies to loose thier money into the con game. Another good honest book written by a bankruptcy attorney is Bankruptcy Why Your Neighbor Had To File by Robert Schaller.

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This book has some great lessons.. in life there are people who learn from their mistakes and there's also people who learn from other people's mistakes…

Product Info

Paperback: 130 pages
Publisher: CreateSpace Independent Publishing Platform; 1 edition (January 5, 2016)
Language: English
Average Customer Review: 4.4 out of 5 stars 229 customer reviews

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