Can you describe some of the mistakes you made at the beginning of your real estate investing career?

He didn't even think to check on it until the very end of the initial 30 day close.Now I am stuck with a lower LTV, and paying fees to two different lenders for an honest mistake perhaps, on the part of the initial lender. 

I made that mistake early on when I started buying rentals and I regret it now. 

I am sure I have made mistakes that have cost me thousands of dollars.Kyle, do all of your properties have debt? 

The idea is to learn from others mistakes so you don't have to learn from your own. 

The biggest mistake most newbies make is they throw any old thing under contract and expect investors to purchase it.

There must be some mistake here..

My RE License Journey (With Mistakes)Step By Step get your license in TXI intereviewed several brokers, and all of them worked about to about $1200-1600/yr in fees.  

If not -- then it's even worse.I may be missing something in your numbers, but it seems tight.As for a rental -- it could work, but be aware of ALL the costs associated with a rental so that you don't make the mistake I did when I started which was getting a few rentals and realizing that they don't cash flow as much as you think they will.Have you considered wholesaling the property to a landlord?

Can someone give an example of why paying cash for 5 different SFR @100k would be a BIG mistake vs leveraging the money and buying 20 SFR putting 20% down on each. 3) Does anyone have a spreadsheet or a link to one that gives you cash on cash return after you factor in depreciation and interest paid etc..?