I made the mistake and opened an account under my personal name and then had to close the account just to change the account name since it was now a business account.  

By letting the other person speak first, you define the midpoint, which gives you much more power than the anchoring principle would.Plus, there’s a chance the other party’s offer will be even lower than what you would have offered: you never want to negotiate against yourself, and by waiting to see what the seller asks for, you eliminate this risk.For the best results, come in with a goal price.

As this was my first deal, I made the mistake of oversharing.

@Filipe PereiraEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Also don't worry about what other people value it at, what can you do with it.Start small and Make Your Big Mistakes Early.

If you're not doing deals either as an investor or a broker, the costs have no return.With all that said, I made some dumb mistakes when I first got licensed because I thought the license meant I knew what I was doing or knew better than experienced agents.

When you reach a certain size, experience and expertise you’re able to eliminate personal guarantees.  

If you have to ask a generalized question about real estate investing then you probably aren’t knowledgeable enough to adequately evaluate, manage, or negotiate a property purchase.You’ll make many costly mistakes in your first few property investments.  

If you hold on, time can erase a lot of mistakes.

August 2021 purchased a burnout on 2 acre lot to flip (all cash...hope you're seeing my first mistake)5.