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Updated about 2 years ago on . Most recent reply

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19
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Vincent Lattuca
  • New to Real Estate
  • Long Island, NY
6
Votes |
19
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What do beginner investors overlook when analyzing properties?

Vincent Lattuca
  • New to Real Estate
  • Long Island, NY
Posted

I am analyzing small multi-family properties and I feel that there are some costs that I am not taking into account. Any advice would be appreciated!

Most Popular Reply

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Henry Clark
Pro Member
#1 Investor Mindset Contributor
  • Developer
3,724
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3,758
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Henry Clark
Pro Member
#1 Investor Mindset Contributor
  • Developer
Replied

It’s boring but develop a system first. Than a team.  Then do five deal analysis.  Either join a real estate group and have them review or post each one here and have this forum critique. 

Read through the posts. Check out the type of REI investment you want to do. Look 5 years out and develop a plan. This will force you to see the numbers, team and failures before you get there.

  • Henry Clark
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