The BIGGEST Commonly Made Mistakes - # 1 "Not Enough Money"
The Biggest Mistake # 1 is using the excuse of
“I don’t have enough money” to stop you from
venturing into profitable real estate investments.
This is the SINGLE BIGGEST and yet the most
common mistake.
If real estate is the investment vehicle of your
choice to generate secure, predictable, repeatable,
and profitable return, you must get over this
“not enough money” syndrome.
In reality, if you have the “deal of the century”,
you would not have any problem getting the
money. Capital chases high quality deals.
High quality means high profit in the safest and
fastest way.
There are plenty of people syndicating investments,
joint-venturing, and investing through private
equity companies, funds, and REITs - all of
these capital are placed with teams that have
been successful in attracting capital into their investments.
Most of these capitals are raised externally:
a.k.a. ‘other people’s money’.
How to do that?
(1) Quality Team; and
(2) Quality Deal.
You can do the same.
Anyone, including you, can acquire the knowledge
to make safe, secure and high return by
placing the money in wise real estate investment
choices. I did it, and you can too!
I am the perfect example. It took me about a full
year studying in US commercial real estate. The
second year, I purchased the first 120 units multifamily,
all done via quality team, other people’s
money on a high-quality and safe investment.
How to Fix Mistake #1: Education.
Equip yourself with the know-hows, and avoid
the mistakes commonly made by others.
There are plenty of real estate education
sources: local associations, schools, designations
and seminars.
I recommend all of them as
long as you learn something new.
To Your Success!
Stay Tune for Mistake #2, publishing 1st of each month.
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