I see this mostly with new and inexperienced investors which is why I wanted to write this post to help newer investors avoid some of the pitfalls I see every day. 

What are the common pitfalls we should be aware of?

I’ve had so many clients frustrated I put together a few podcast episodes trying to educate people about common pit falls.

It's nice to have someone walk you through the ins and out plus how to avoid pitfalls and typical mistakes. 

Having an experienced coach to guide me will help me avoid many REI pitfalls.

Any pitfalls to avoid when starting out with the BRRRR method as a remote investor, investing in Birmingham AL?

I would advise speaking with an attorney that can help draft up the documents and understands the business you are in and the potential pitfalls so everyone is covered.

Hi Nathan - I agree that there are potential pitfalls when considering a heloc as an option, as you pointed out.  

I would be happy to sit for a coffee, maybe lend some knowledge and discuss the market, the opportunities, the challenges and pitfalls.

Your insights on potential risks and pitfalls associated with this acquisition would be invaluable in guiding my decision-making process.Thank you for your assistance.https://www.biggerpockets.com/analysis/rentals/8cd3ed2b-b98d...Thanks, Krishna