
© David Green
Everyone feels buyer remorse, even financial experts and celebrities. GOBankingRates’ new series explores the purchases these celebrities regret and the best sums they’ve ever spent.Today is special David Greene, bestselling author, BiggerPockets podcast host, owner of David Greene Team and The One Brokerage.
Check out our list: The 100 Most Influential Money Experts
Find out: This credit score mistake could hurt millions of Americans
my best purchase
Fourplex Mansion in 2012. [I] We bought it for $250,000 and the rent for each unit was $700. Ten years later, the rent is now $1,750 for him, but the mortgage is the same.
my worst purchase
A much nicer car than I ever needed. In 2003, I spent $20,000 when I could have bought something for $8,000. The next year, he was $10,000 short of flipping the house, with a profit of $50,000. If I hadn’t bought an expensive car, I might have flipped my house. Lesson learned!
Learn more about GOBankingRates
Source link