Things I Wished I Knew Before I Started Investing in Real Estate

[Ryan Dao]

Hey! So everyone in real estate makes mistakes, doesn't matter if you are Donald Trump, Grant Cardone, the average Joe, or someone who maxed out their credit card and blew $30,000 on Real Estate courses from "gurus" because they were promised overnight riches. We all make mistakes, and there's no way to escape them, but its about learning from them. 

I made this discussion so others could learn from your mistakes and people (myself included) would not make the exact same mistakes.

So do you have any regrets that you made during your entire real estate career that you wished you could invent a time machine just to stop yourself from doing? Maybe it's from buying the wrong house because it was really cheap, or you didn't screen these tenants well enough and they burnt your house down and fled town. Maybe there was a specific law about house hacking that you didn't know and it's preventing you from making any money. Maybe you didn't put enough money for another A/C unit after your tenant "accidentally" destroyed after you got into an argument about their lease. Any advice is welcome and encouraged.

Who knows? Maybe you're about to make the exact same mistake.