4 Reasons New Real Estate Investors Fail

In This Article

When starting out in real estate investing, mistakes are inevitable. But some don’t have to be!

There are common newbie investor errors I’ve seen repeated time and time again. I don’t want you to fall victim to the same cliché missteps that so many others have before you!

Use this insider knowledge to begin your career in real estate on the right path.

Related: Most Top Investors Fail Before They Succeed: Here’s Why You Should, Too

4 Reasons Beginners Fail in Real Estate

More than half of people who get into real estate fail to ever buy a single property. Others buy, fail later, realize investing is hard, and drop out.

Real estate investing is cool! It’s profitable. It literally changed my life. But to realize the most success, do everything possible to avoid these pitfalls:

1. Lack of Education
2. Bad Math
3. Bad Management
4. Giving Up

Watch the video above where I go into more detail about each mistake and how to avoid or overcome them. If you use the resources available to you—whether it’s books, podcasts, videos, the BiggerPockets community, or insight from other investors—you can achieve success in real estate.

Have you made any of these errors? How did you course correct?

Let’s talk about it in the comment section. 

Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.