Are you interested in investing in real estate but don’t know where to start?
Furthermore, Have you invested already and regret some of the choices you made?
Investing in your first property can be a real challenge. I’ve been there and made mistakes.
I purchased my first property at $14,000 and completely FORGOT about the money for repairs.
Since then, I’ve invested in more properties, learned some lessons, and made HUGE mistakes.
I’ve also been fortunate enough to acquire $60,000 worth of equity within one year.
This success caused me to begin my online finance and technology company, Encourage Millions and speak about creating passive income.
My point is this, I’ve been in the very same struggle you may be feeling right now. This is why I made this episode.
I’m going to walk you through 7 Beginner Mistakes to AVOID when investing in real estate, which are:
- Buying at Market Value
- Not Doing Due Diligence
- Using too Much of Your Own Money
- Inefficiently Budgeting
- No understanding of Cash Flow
- Trying to DIY without building a team of experts
- Not having a Exit Strategy
I am dedicating this entire episode to investors like you who want to get it right the first time.
I’m giving you the common mistakes new investors make. (And if you aren’t a new investor, at least you’ll know what to look for next time around and how to fix any current mistakes you may have.)
This is the very first episode of the Makin’ Lemonade Podcast, so why not use the first episode to help others.
Listen in to hear how you can invest in real estate properly and avoid these simple mistakes.
Links mentioned in this episode: