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Updated 9 days ago,
Debunking the Easy Money Myth
I've noticed a growing trend among new real estate investors in my area. They tend to avoid properties that need renovations. Ironically, these are often the best opportunities to build equity and find great deals. It seems there’s a common misconception largely influenced by social media, online courses, and influencers who oversimplify the process that real estate is an easy, passive way to generate income with minimal effort.
As someone who occasionally works with these investors, I always try to emphasize the challenges that come with real estate like managing renovations, dealing with tenants, and navigating market fluctuations. With all the resources available today to research and learn about the industry, I’m surprised this “easy money” mindset persists.
To me, real estate is far from passive or simple. It requires hard work, strategy, and a willingness to take on projects others might overlook. I’m curious have others here noticed this trend with new investors? How do you approach educating people on the realities of the business?