Most common causes of failures

[Andrey Pak]

I would like to find out more about why your previous real estate investment businesses have failed in buy and hold (rent) - whether it is not enough reserves, over leveraging, etc. 

In case of the reserves - is 5-10% of annual rent enough for vacation allowance?

What is the safe amount of reserves for maintenance?

Any other reserves I am missing?  

Thanks in advance, 

Andrey

[Russell Brazil]

It may not be exactly failure...but the #1 people do not succeed is they do not take action. So many people want to be real estate investors...but never get off their butts and actually do it.  They get stuck in analysis paralysis.  None of this stuff is rocket science...but action is what creates wealth.