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Updated over 9 years ago on . Most recent reply
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What Challenges Have You Seen?
Hello BP Family,
This is officially my first post. Let me start by saying that it is a pleasure to be among like minded individuals with the will and passion to exceed in Real Estate Investing. I have enjoyed reading your questions, concerns and most of all.... the great advice that you share. I am looking forward to increasing my knowledge and experience so that I too may be of value to someone else.
With that being said, I am new to Commercial Real Estate investing. I have learned a good deal from the books, webinars, seminars and blogs. I have used a good deal of this advice to cultivate my first offer last week (still pending acceptance).
What I would like to know, from my fellow commercial investors, what was your biggest hurdle when starting and how did you overcome? I am a firm believer in learning from the mistakes, as well as the successes, of others to avoid costly mistakes.
Humbly Yours,
Kendall G
Most Popular Reply
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Working with the right people is essential. Surround yourself by a referred, successful team. Working with the wrong people is death! As a lender, most transactions go as planned and most borrowers are honest, but the bad apples, looking to end up in jail, take all the time and energy.