So for example, let's say a friend of mine wants to get involved in real estate but doesn't have the time, knowledge, experience, or resources to do it very well.

Here is my list of the most dangerous real estate related investments for the “non professional” investor lacking direct knowledge  and experience in these investments 1.

.#6  Knowledge -  Know why STR is better for the landlord than traditional rentals.   

Wishing you the best on your journey, and feel free to reach out if you have questions along the way—this community has a wealth of knowledge!

Extremely knowledgeable guy and understanding. 

Will look into seller concessions and gift funds to get better knowledge. 

It seems like the perfect place, BiggerPockets, for finding people who are like-minded, asking them questions, and learning how to become a future investor.I believe that no matter how unforgiving the market may seem, the right tools, knowledge, and preparation can help minimize risk and create opportunities.

I am a little older, a little more knowledgeable now, and I’m reading everything I can get my hands on.  

I also use their virtual credit cards which enables me to assign a card to a specific person, like the cleaner for my STR for example, so when she runs a charge, it automatically drops into the right account in terms of categorizing my expenses.

As a licensed Real Estate Broker in Maine, I managed the acquisition and renovation of 1272 Lakins Rd, Etna, leveraging my expertise and industry knowledge.