The only real solution for real estate investing mistakes is consistent action! You’ve got to stick with it and realize that part of learning process. You WILL make mistakes… and you will continue to make them for as long as you choose to invest.
The key is to learn from each and move on. Add it to a policy and procedure manual so to speak! And avoid that particular real estate investing mistake in the future!
When I first started in real estate, I would document every real estate deal in detail. I would be sure to document: (1) What went well, (2) What didn’t go well!, and (3) How to improve on the next deal.
In this article series, I’ve highlighted 17 mistakes that I made early on and share with you what you can do to avoid making the same real estate investing mistakes I made… (You can get all 17 real estate investing mistakes here) [Click to Read the Full Article…]
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tagged as Get Started in Real Estate, make money in real estate, Real Estate Investing, Real Estate Investing Mistakes, Real Estate Investor Posted in Flipping Houses,Getting Started In Real Estate,Real Estate Investing Articles,Rehabbing Houses
When I first got started in real estate investing, I was the poster child for mistakes! The one thing I did PROPERLY was that I took action. And success favors the people that take action.
The key is to keep moving and not dwell on each individual real estate investing mistake that you make, especially early on! Just keep on going… and take a few minutes to figure out what the lesson was, add it to your knowledge and experience bank, and move on to the next!
In this article series, I’ve highlighted 17 real estate investing mistakes that I made early on and share with you what you can do to avoid making the same real estate investing mistakes I made…
The first mistake new real estate investors make is always thinking the grass is greener on the other side! That “another” market will have better deals, more motivated sellers, and more qualified buyers. Once your business is established with duplicatable systems in place, it can be easy to expand into additional markets. But in the beginning, stick with your targeted farm area. [Click to Read the Full Article…]
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tagged as Get Started in Real Estate, make money in real estate, Real Estate Investing, Real Estate Investing Mistakes, Real Estate Investor Posted in Getting Started In Real Estate,Real Estate Investing Articles
I just spent the last week with my “mastermind” team, or my network of people that help me grow our business. And while I was there, I lot of questions came up about referrals, partners, etc. Now, this wasn’t a “real estate” group per se, but we definitely share our resources.
On the plane home, I got to thinking about networking in real estate. There aren’t as many mastermind groups out there. Plus, the cost to enter can be out of reach for many (this one cost me $16,000). So, I thought that since we’re just getting going into 2008, now would be a great time to evaluate our businesses and who’s on our team. So, I decided to post this article..
Here’s a short list of people that you need in your real estate business:
… Accountants
… Attorneys
… Private Lenders
… Rehab Lenders [Click to Read the Full Article…]
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tagged as flipping properties, make money in real estate, Real Estate Investing, renovating houses Posted in Real Estate Investing Articles
Discover the BIGGEST Secret to Making Money in Real Estate In the Current Market!
Here’s What You’ll Learn When You Claim Your Access to the Back to the Basics Real Estate System Right Now:
Business Basics: Getting Set Up for Success…
- Different types of business entities. Corporations, LLCs, Partnerships, S-Corps, Etc.
- Time Management and Business Planning so you can run your business in less than 1 hour per day!
- Building your power team: The right team members will save (and make) you MILLIONS! Gauranteed.
- Cleaning up your credit and getting business lines of credit. [Read More...]
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tagged as Get Started In Real Estate Investing, make money in real estate, no money down real estate Posted in Real Estate Courses
