Ian Renner Florida - Success
Within a few years Ian had reached a point where he had accumulated enough income-producing property to provide him with a comfortable standard of living, regardless of current economic conditions. Ian believes that one of the reasons for his success is that he has stayed humble. "I've been lucky." he says. Ian dodged mistakes with investment in the beginning, and soon he had a much better idea of what he was doing, and was able to reinvest his profits into additional properties, eventually expanding into nearby Miami and Tampa.
Too many investors start to think they are invulnerable, that they have some sixth sense that keeps them away from bad investments. And so he went ahead with the investment, but at the same time went to his local bookstore and bought a few books about real estate investing, and gave himself a crash course in the subject. Ian's first investment went well, and he was able to buy out his partners within a few years. And so when some of his business associates approached him about becoming a partner in buying an apartment building in his native Orlando, Florida, he did a little research and decided to go ahead and do it.
Something that Ian Renner Florida always kept in the back of his mind was the possibility that he would lose his investment, because even though he was a novice investor, he understood that like any investment, there was a degree of risk involved. He trusted his partners, because he had known them for many years and considered them honest. I have always done my homework and don't make rash investments, but still, I've been lucky because I have never had any serious problems with any of my properties.