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Updated over 11 years ago on . Most recent reply

User Stats

147
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9
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Shawn S.
  • Rental Property Investor
  • Kansas City MO
9
Votes |
147
Posts

What you wish you had known....

Shawn S.
  • Rental Property Investor
  • Kansas City MO
Posted

The thought occurred to me today as we are shopping for our 2nd property and still far from knowing what I'd like to know at this point the following question came to mind for experienced investors.

If you could pick just one thing you wish someone had told you when you first got started with REI, what would it be?

Most Popular Reply

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1,980
Posts
948
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Bryan L.
  • Residential Real Estate Agent
  • Cookeville, TN
948
Votes |
1,980
Posts
Bryan L.
  • Residential Real Estate Agent
  • Cookeville, TN
Replied

1. The market ain't gonna stay this way.
2. Tenant/buyers rarely actually buy.
3. Net rental income will not be as high as you think.
4. Get yourself a bunch of lines of credit established before you ever quite that day job.

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