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Updated 11 months ago on . Most recent reply
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Investing In Real Estate - 3 Biggest Struggles?
Hey all! What are your top 3 biggest struggles right now as a real estate investor?
Would love to learn from others experiences and put together a place where we can all come to help one another out with the troubles we're facing. The best teacher is experience so let's put our experiences together and move all of us forward!
Most Popular Reply
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@Stephen Montez from what we see here on BP:
1) Investors NOT knowing how to get properties under "market" value.
They all expect to pay price in MLS and cashflow.
2) Not taking the time to understand different property classes and their pros & cons
They often buy a Class C rental for the low price, yet expect Class A results.
3) Trying to DIY manage without doing their homework
They try to penny-pinch, yet their mistakes cost them dollars.
- Michael Smythe
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