However, I also believe you made a mistake by agreeing to a reduced increase phased in over time.He is paying $175 below market.

What has been your biggest mistake as an investor?

Not trying to be critical, just hate to see someone make a huge mistake like this...

Ultimately, our company, like any company, has/had employees who make mistakes, and we certainly made one here.

And remember there is always another one - if you fail to prepare then you prepare to fail...and as Henry says - start small and make your big mistake early.

I've fairly good success with that approach.When it comes to skip tracing and cold calling/texting the most frequent mistakes can be broken down in these areas:Poor Data - speaks for itself.  

I didn’t come here to get ridiculed for making some mistakes like a few of these other posts suggest.

I made some mistakes at that time as I was just a rookie landlord but hey it was worth it! 

There's a lot of buffer for mistakes you did in your calculations.Personally, needing to pay a higher interest rate should not be the main concern, because usually, if you have good deals (I mean real good deals, not the good deals according to your broker), you should end up not too bad at the end. 

We certainly made that mistake, with both listing-level and group-level customizations.Or there might be some other sensitivity settings you could use, e.g. the weight of local hotels in the algorithm (the default is super low, but in some markets, that's what you want to align to).We've been using PL 4 years now, and it's still a learning curve (and I say that as someone that's spoken in a webinar on behalf of Pricelabs on revenue management strategy).