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Life gives you one "do over"

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Old 04-05-2010, 03:17 PM   #34
JoeRedskin
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Join Date: Mar 2004
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Age: 62
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Re: Life gives you one "do over"

Mine is easy - Four years ago, I bought a house at auction and tried to rehab it myself by being my on Gen. Contractor. I was a bit cocky b/c I had just bought a new house and turned my then current house into a rental and had come out golden.

Unfortunately, I really didn't have my ducks in a row ended up taking way to long to repair it and sold it at a huge loss just as the market dumped. Lost 10 years of savings/equity and am still in the hole over it.

Did I learn anything from it? Yes. Was it a lesson worth close to the 100K I lost? Nope.
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