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Updated over 4 years ago,

User Stats

1,428
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672
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Jason Malabute
  • Accountant
  • Los Angeles, CA
672
Votes |
1,428
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biggest misconception about real estate

Jason Malabute
  • Accountant
  • Los Angeles, CA
Posted

The biggest misconception about real estate is that you can be an introvert and hide behind your properties.

Well, maybe if you wanted to stay small forever you can stay in your bubble and talk to to people only when you have to.

If you have a big ambition in real estate you're going to have to get over being shy.

The hardest part about  analyzing deals is determining market rent and rehab cost.  I'm always coordinating with my contractor to get an accurate rehab cost. I'm always in communication with my property manager to estimate market cost once fixed up. Don't even think about trying to calculate these numbers by yourself because you'll go crazy.

Moreover, I'm calling sellers everyday trying to make a deal happen. 

I'm telling everyone I meet my buying criteria because you never know who they know.

 If a boy like me with a disability and speech impediment can get over his fear of talking to strangers to achieve his goals... ummmm so can you :)

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