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4 November 2024 | 17 replies
Instead, focus on how you can turn what you have into a consistent flow.To do that, you need to reverse-engineer what it takes to get consistent deals.The biggest mistake people make is this:"I have $3,000, 4 wives, 3 chickens, 2 feral ferrets, 5 girlfriends, 7 jobs, and only 2 hours every other week because of my job and all my girlfriends... how do I become successful with this hectic life and limited hours ?"
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31 October 2024 | 37 replies
I own that mistake, but I haven't been impressed with WWC efforts in how they try to pitch LPs to re-invest more money in sinking ships.
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29 October 2024 | 0 replies
I’m not sharing it to criticize the site owner, but rather to highlight how small mistakes can cost you money when advertising on Google.
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28 October 2024 | 8 replies
BIG rookie mistake and lesson learned.
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31 October 2024 | 29 replies
Show me the waste.Also, if you’re not very familiar with the contracts in your state, it’s very easy to make a big mistake.
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31 October 2024 | 44 replies
You don’t have to skimp on the neighborhood or the quality of the house, but if it is a nice little 3/1 or 3/2 single family home in nice condition with no deferred maintenance, then your chance of making a mistake or getting hurt financially while you learn is limited.
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31 October 2024 | 14 replies
Hi Josh, here are some common mistakes investors make when doing a BRRRR:Overestimating the After-Repair Value (ARV):Investors sometimes overestimate the future value of a property after renovation.
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4 November 2024 | 33 replies
I do think some investors and lenders treat them as gospel and that's always a big mistake
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31 October 2024 | 18 replies
@Steven Mendiola admire your gungho attitude, be sure to temper it a bit with reality, but don't lose you energy - it can help you recover from a lot of mistakes!
30 October 2024 | 94 replies
That sets the tone for learning about the future.All the advice here (and there are great insights) will not substitute going out and getting a deal.if you are serious about a future in RE, you will learn from your mistakes in your first deal and you will use those mistakes to help you in your second deal and so forth.Most importantly you will if you enjoy the journey of RE investing.