Investors see headlines in the WSJ or Bloomberg talking about syndications loosing money and investors having significant parts of their retirements wiped out and more news that most of the short term debts mentioned above are expiring end of this year and early next, making it seem like the worst has not yet come.3.

Paying a Contr to do everything sucks up a lot of $$...Personally I would buy the worst house in a run-down area of a nice city that is getting ready to gentrify.

Avoid the classic beginner mistake of over-spending on non-necessary over-improvements.

The literally single biggest mistake that people make is to buy a class D property, because it was cheap to begin with, 90+ days on market and they were able to negotiate a "discount" - ask them a year later how that worked out for them. 

I know I did this in the worst possible way, and I feel guiltier than ever about that.

When I first got started, I made a huge mistake by skipping this step.

I recently decided to become a full-time real estate investor but quickly realized the amount of time I have on my hands. I’m in the process of getting my license and Ive been doing DMs, barely going outside. What are...

I'm 20 and this'll be my 1st buy and hold so don't want to make any rookie mistakes.

That fact alone rules out Florida.The biggest mistake we see investors make is blindly investing and not understanding what is going on with their properties.

The reason I'm asking is because I made so many mistakes on my first property and I made them because I didn't ask enough questions.