It is a misconception that hotels are extremely risky.

@Joe Splitrock🤣🤣🤣 your perception is obviously based on others misconception. $100 says you haven’t read Becoming your Own Banker by R Nelson Nash and you fail to understand the process.

This is unfortunately a common misconception. 

Thank you for the mention @Ashish Acharya.There are some misconceptions and knowledge gaps above. 

These are two misconceptions I find in the FIRE community.

You are guided by your negotiating skills and state and local laws.As for Texas, there are mucho misconceptions about the supposed restrictions TX has in place making lease options illegal. 

There are many misconceptions about investing in multifamily real estate during the pandemic, but I’ve highlighted the top 3 for you to consider.

There are also a lot of misconceptions about what the CDC Order actually does.

See, it’s a common misconception that you need today money (money in the checking account) to invest in real estate.

If you want to learn how to consistently do a couple deals a month, then we should talk about your experience (whatever it is, it doesn't matter) goals and what you want to accomplish as related to wholesaling, investing, time you can commit, expectations and the variables in a JV deal, so you have no misconceptions or unrealistic expectations.