Ripped Off By First RE Mentor In Rolls-Royce - Episode 23

The David Greene Show

In this Nightmare Deals episode of Real Talk Real Estate, Janelle and Don Carlson open up about the first two deals they bought to start their investing career-and how they lost money in both. Janelle shares how she invested in a deal her personal mentor and RE broker put together, trusting him to look out for her and take care of her, only to find he outright stole her entire investment, sold the house, and never paid her a dime-all while driving a rolls royce, wearing a rolex, and flying in a private jet. Janelle shares the signs she ignored when she first met the scammer, how she could have protected herself, and what she told him when she saw him years later at an NBA game with a new date! Don and Janelle also share the story of two triplexes they bought for a total of $20,00 and how they somehow still lost money on this deal, explaining all the structural, location, and rehab related expenses they never saw coming. This show reveals how not all RE is glitter and gold, and signs you can recognize to make sure it doesn’t happen to you in this Nightmare Deals edition of RTRE. Follow David: @DavidGreene DavidGreene24.com RealTalkRealEstate.com Podcast-The David Greene Show Spotify, Apple Podcasts Book a session with David: [e-mail] Ask a Question: DavidGreene24.com/ask Find me on the “minnect” app Real Estate University: SpartanLeague.com Join my Free Newsletter: Davidgreene24.com/textletter Finance Your Real Estate TheOneBrokerage.com Intake@TheOneBrokerage @theonebrokerage Free Textletter DavidGreene24.com/join STR Management [e-mail] Investor Retreat DavidGreene24.com/retreat