
#176 with Codie Sanchez - Buying Distressed Assets, Real Estate for Cheap & How to Network Like a Pro
My First Million
00:00
The Dilemma of Angel Investing
This chapter examines the controversial notion that angel investing may not be the best strategy for most investors, as it often resembles gambling with high risks and potential losses. The discussion underscores the importance of thorough due diligence, patience, and a solid financial foundation before diving into such investments, while also exploring alternative strategies that could yield better returns. Additionally, it addresses the impact of market behaviors and the opportunities within real estate auctions, particularly for distressed properties.
Transcript
Play full episode