From an old investor, my I suggest re-thinking your plans to reduce the challenges.Consider this, an investor such as me considers proven cash flow.

Lots of investors are getting in on it recognizing the capital growth potential and instant cash flow.

However they generally will not recognize your "equity" if you are not doing any major improvements.

Way too few buyers recognize this.I almost always go back with another offer after the inspection.

Originally posted by Will Barnard:- the single biggest pitfall by far is FEAR.Seth Williams,Pitfall - a hidden or not easily recognized danger or difficulty.I have two difficulties that I have experienced the last couple of decades and these are probably the top two of a long list of pitfallsThe first, I agree with Will.

It won't recognize my password.

A property with a stack of documents - including an appraisal, real estate comparables, and proven cash flow - claiming a Market Value in 2006 was worth less than 1/2 a year or so later in some markets.I do feel there is a need for new attitudes towards debt and entitlements, including debt is an entitlement.

The problem is, most agents got into this business precisely because that's NOT what they wanted, so they don't devote themselves and don't rise about the competition.Then, there are those agents who recognize that most of their competition is lazy and looking to make a quick buck, and they realize that if they are one of the few who truly devote themselves to the business, they will make a lot of money.

Since it was so close to property management, I saw the synergies that would allow me to build my own investment portfolio while at the same time creating a "job" to pay my bills.Looking back, because I recognized warning signs early and at the right time, I was able to adjust my "deal" into a very lucrative investment.

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