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Updated over 10 years ago on . Most recent reply
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Andrew SyriosPoster
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- Residential Real Estate Investor
- Kansas City, MO
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What One Thing Would You Go Back and Tell Yourself Before You Started Investing?
I've often thought about how I would approach things differently if I were to start over. Mistakes are certainly part of the learning curve, still it's nice to avoid them.
I think the one thing I would tell myself would be to not skimp on due diligence: get bids when need be (especially while learning to budget accurately), get expert advice on questionable foundations, scope the sewer lines in older homes, check the utilities, etc.
What one lesson would you tell your pre-investor self?
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Buy quality locations over cheaper price and quantity.