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Updated about 10 years ago on . Most recent reply

Jeff O'Neal's profile image
Jeff O'Neal's profile image
Jeff O'Neal
  • Flipper/Rehabber
  • from Tulsa, OK
  • Member since Dec 12, 2014
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Jeff O'Neal's profile image
Jeff O'Neal's profile image
Jeff O'Neal
  • Flipper/Rehabber
  • from Tulsa, OK
  • Member since Dec 12, 2014
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Jeff O'Neal
  • Flipper/Rehabber
  • Tulsa, OK
32
Votes |
32
Posts
Starting Out

Rookie mistakes?

Jeff O'Neal
  • Flipper/Rehabber
  • Tulsa, OK
Posted

A question for both newbies and seasoned pros:  What was the first major mistake you made as an RE investor, and what did you learn from it? 

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Brandon Hopkins's profile image
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Brandon Hopkins
  • Investor
  • from Madera, California
  • Member since Apr 12, 2014
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Brandon Hopkins's profile image
Brandon Hopkins's profile image
Brandon Hopkins
  • Investor
  • from Madera, California
  • Member since Apr 12, 2014
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Brandon Hopkins
  • Investor
  • Madera, CA
21
Votes |
82
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Brandon Hopkins
  • Investor
  • Madera, CA
Replied

I paid cash for a condo with high HOA fees. I still have it and obviously it cash flows but it's not a great investment. I was anxious and saw something I could afford and jumped on it.

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