Comments on: 5 Reasons Why Real Estate Investors Fail

By: Ryan Moeller

Ryan Moeller — Sat, 14 Nov 2009 02:02:21 +0000

Thanks Ron, it would be a good reminder. I think it makes great sense to have some favorite material to look through once a week/month/etc. I reread books and material periodically and it is amazing how much I pick up when brushing up again.

By: Ron Feaster

Ron Feaster — Fri, 13 Nov 2009 23:38:35 +0000

Ryan,

Your list should be posted on every real estate investors bathroom mirror
so that they can’t miss it, and used as a guideline to success in real estate investing.

By: Ryan Moeller

Ryan Moeller — Thu, 12 Nov 2009 08:15:02 +0000

Thanks for the posts everyone.

Peter, I definitely think if beginners avoid these 5 things there chance of success will improve dramatically.

HMI, it is nice to love what you do. I love real estate, I don’t know about the rest of you. Many get excited after hearing speakers but the motivation stops as soon as they have to do some work.

Michelle, thanks for the comment, greed definitely can cause serious failure.

Kris, right you are, thanks for the comment.

Dick, I couldn’t agree more. Focus on one strategy, become a master and have an awesome mentor and good things are sure to happen.

Thank you all for the comments!

By: Dick Rosen

Dick Rosen — Thu, 12 Nov 2009 04:46:07 +0000

Great list Ryan and I have to agree with Joshua that #1 is probably the #1 biggest killer. And right behind that is #2, I’ve found that putting together a team and latching onto a couple of good mentors could do more for my business than anything else.

You can’t do it all by yourself!

By: Kris

Kris — Wed, 11 Nov 2009 23:28:11 +0000

Its important to network.network.network. If you dont you will never meet new potential clients.

By: Michele

Michele — Wed, 11 Nov 2009 18:32:35 +0000

I would think that the number one reason would have been greed. Great offerings.

By: HMI

HMI — Wed, 11 Nov 2009 17:37:24 +0000

Thanks for the post, all 5 of these things are very important to success in the real estate world. But it can be argued for any business in any market that these are the most important steps, other than having passion for your work.

By: Peter Giardini

Peter Giardini — Wed, 11 Nov 2009 03:42:27 +0000

Ryan… great list.

Most people come at this question from the point of… you have to do these 10 things to succeed.

You have captured 5 very critical items which cause most real estate investors to fail. If all investors can spend their time making sure they avoid these 5 traps… their chances for success will increase substaintially.

By: Ryan Moeller

Ryan Moeller — Tue, 10 Nov 2009 18:51:13 +0000

I see a lot of these reasons holding investors back from success. I have to agree though. If I choose one it would be that they never focus on one strategy to become a master. They get excited about every strategy they see or listen to from speakers and never put forth the necessary effort to have success with that strategy. Basically they spread themselves to thin and everytime the get on the train in the right direction they hop trains after 10% of the necessary effort. I bet if you took a large group of say 200 beginner investors that became successful really fast, almost all of them focused on one strategy and documented their plan into some kind of a business plan. Anyone else agree?

By: Joshua Dorkin

Joshua Dorkin — Tue, 10 Nov 2009 18:08:55 +0000

Great List, Ryan. I was going to try and pick the most important one point, but you’ve made it difficult, as each of these bears almost equal importance in my book. I guess if I had to pick any, I’d go with #1, the lack of a plan. Everything else stems from your initial plan, so this is absolutely the first and most important thing any real estate investor needs to get going with.