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Updated almost 9 years ago on . Most recent reply

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Cody Barrett
  • Phoenix, AZ
138
Votes |
345
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1 big take away so far..

Cody Barrett
  • Phoenix, AZ
Posted

Hey guys! 

I have listened to all the podcasts and can't get enough. From blogs to forums to webinars.  The education is top notch.  After a year on BP and eating up all the info I can get, real estate is incredibly dense and all the greats made major mistakes during their journey.  Some expensive mistakes... 

Kind of a big realization for me.  Most, if not all, super successful RE investors on the podcasts, blogs, or wherever, took a really hard fall during their climb to the top.  Some big learning curves and costly ones but in the end it seemed to have paid off. Learning quickly and getting better right away is key for sure...   

That makes me nervous lol.. Like the inevitable just waiting for you to come around the corner so it can jump up and throw you off your game or halt your progress or sink your ship I guess.... If you have a favorite blog post, forum feed, or podcast, let me know so I can check it out!! Thanks guys! Always looking to grow. 

Cody

Most Popular Reply

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2,732
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Joe Fairless
  • Investor
  • Cincinnati, OH
1,432
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2,732
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Joe Fairless
  • Investor
  • Cincinnati, OH
Replied

@Cody Barrett yes, if an investor hasn't made some mistakes they aren't being truthful or haven't been in the game long enough. When I was investing in single family homes I bought a place in DFW while living in NYC. It was a fixer-up and figured I could manage the process remotely....nope. 10k over budget PLUS the rent AFTER the improvements decreased $5. Turns out I didn't vet the market comps very well either. 

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