November 19, 2025

I lost $70,000 because of this poor ass daughter in law. When I first started real estate wholesale, I had no money for marketing. So I did something called Driving for dollars. It's where you drive around in neighborhoods, look for distressed property, skip, trace the owner, call them and see if they want to cash off on their home. Well, lucky me. I find this absolute killer deal. I talked to the guy for like an hour and a half, get him to sign a contract for like 45 000. He was super happy, super stoked. We're gonna close out in two weeks. I get a call from his daughter in law, she's telling me that he has dementia, all this mental health. And I was like, look, let me talk to him. If that's the case, then I will definitely let you back out. I talked to him, he's like, no, I don't have that. But then he calls him like, dude, my daughter's really mad at me. She's gonna kill me if I don't let her sell this house. And me, at the time I feel super bad. And at the time I'm like, okay, I'll let the daughter just sell it and I'll let them out of the contract. I had no backbone back then, but this deal taught me a lot because I haven't lost that much money since. Because when the daughter listed it on the market, she listed for 149000 and it sold in 13 days. So realistically I should have made a hundred thousand dollars on this, but instead I just lost 300 on photography.