What would you do different?

[Amber Butler]

Hello all. Newbie here.

I have done all the basics that everyone tells you to do. I have done due diligence, gotten a mentor, have worked on fixing my credit, etc. I am sure this question has been asked a million times before, but specifically for those that rehab properties; if you could do it all over again, what would you have done different? What would you have changed about your business plan or your approach to investing? Is there anything that you think you could have done to do more deals quickly and successfully?

[Brian P.]

Too many new investors really don't establish decent systems and follow them. Of course there were no gurus, mentors, etc. when I started so the early years were flying by the seat of our pants and hoping we hit something once in a while. We made money and kept busy.

When my late brother and I finally sat down and asked ourselves is there a better way to do this or that and setting what would be called systems today our business tripled but the amount of hours stayed the same. So don't be like the young dog who chases every rabbit and bush that moves and ends up with nothing.