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28 December 2024 | 12 replies
Just don't make the mistake of comparing what someone else profits on a role, to decide whether your compensation is sufficient or not.
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26 December 2024 | 14 replies
Real estate investing is more about taking actions and learn as much as possible along the way and not repeating your mistakes.
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2 January 2025 | 36 replies
I ended up investing out of state in a more landlord friendly / cost effective market.First thing I'd recommend is figuring out your investing strategy (single family / small multi-family 2-4 units) and attend some local meet ups to network with other investors to learn from their mistakes.
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30 December 2024 | 7 replies
If you own your own home, you might be able to start by STR'ing your own home, making and learning from mistakes and building a track record you can then try to replicate on other properties.
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2 January 2025 | 11 replies
I had to start the eviction process, but fortunately, they left a little over a month after their lease ended—just before it went to court.These challenges reinforced the importance of tenant screening and clear leases, lessons I’d carry with me throughout the year.Summer: Refinancing and Big ChangesSummer brought a mix of wins and challenges:I began having issues with the garden unit tenants, which would escalate later in the year.After learning from the screening mistakes I made with the garden unit, I updated the third-floor unit and rented it to great new tenants.
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25 December 2024 | 2 replies
You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.
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16 January 2025 | 78 replies
Investing out of state as a rookie is a major mistake, like starting a land war in Asia.
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23 December 2024 | 9 replies
As a newbie, I need someone to guide me from the beginning to try to avoid mistakes and hopefully be very successful.
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29 December 2024 | 15 replies
I see so many new investors that lose thousands, sometimes tens of thousands, every year because they make simple mistakes.
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17 December 2024 | 13 replies
But because an HOA made the mistake and the county operated a crooked auction the purchase will just get back what they bid, $6600.