4 Reasons New Real Estate Investors Fail

4 Reasons New Real Estate Investors Fail

1 min read
Brandon Turner

Brandon Turner is an active real estate investor, entrepreneur, writer, and podcaster. He is a nationally recognized leader in the real estate education space and has taught millions of people how to find, finance, and manage real estate investments.

Experience
Brandon began buying rental properties and flipping houses at the age of 21. He started with a single family home, where he rented out the bedrooms, but quickly moved on to a duplex, where he lived in half and rented out the other half.

From there, Brandon began buying both single family and multifamily rental properties, as well as fix and flipping single family homes in Washington state. Later, he expanded to larger apartments and mobile home parks across the country.

Today, Brandon is the managing member at Open Door Capital, where he raises money to purchase and turn around large mobile home parks and apartment complexes. He owns nearly 300 units across four states.

In addition to real estate investing experience, Brandon is also a best-selling author, having published four full-length non-fiction books, two e-books, and two personal development daily success journals. He has sold more than 400,000 books worldwide. His top-selling title, The Book on Rental Property Investing, is consistently ranked in the top 50 of all business books in the world on Amazon.com, having also garnered nearly 700 five-star reviews on the Amazon platform.

In addition to books, Brandon also publishes regular audio and video content that reaches millions each year. His videos on YouTube have been watched cumulatively more than 10,000,000 times, and the podcast he hosts weekly, the BiggerPockets Podcast, is the top-ranked real estate podcast in the world, with more than 75,000,000 downloads over 350 unique episodes. The show also has over 10,000 five-star reviews in iTunes and is consistently in the top 10 of all business podcasts on iTunes.

A life-long adventurer, Brandon (along with Heather and daughter Rosie and son Wilder) spends his time surfing, snorkeling, hiking, and swimming in the ocean near his home in Maui, Hawaii.

Press
Brandon’s writing has been featured on Forbes.com, Entrepreneur.com, FoxNews.com, Money Magazine, and numerous other publications across the web and in print media.

Follow
YouTube
Instagram @beardybrandon
Open Door Capital

Read More

When starting out in real estate investing, mistakes are inevitable. But some don’t have to be!

There are common newbie investor errors I’ve seen repeated time and time again. I don’t want you to fall victim to the same cliché missteps that so many others have before you!

Use this insider knowledge to begin your career in real estate on the right path.

Related: Most Top Investors Fail Before They Succeed: Here’s Why You Should, Too

4 Reasons Beginners Fail in Real Estate

More than half of people who get into real estate fail to ever buy a single property. Others buy, fail later, realize investing is hard, and drop out.

Real estate investing is cool! It’s profitable. It literally changed my life. But to realize the most success, do everything possible to avoid these pitfalls:

  1. Lack of Education
  2. Bad Math
  3. Bad Management
  4. Giving Up

Watch the video above where I go into more detail about each mistake and how to avoid or overcome them. If you use the resources available to you—whether it’s books, podcasts, videos, the BiggerPockets community, or insight from other investors—you can achieve success in real estate.

blog ads 01

Have you made any of these errors? How did you course correct?

Let’s talk about it in the comment section. 

When starting out in real estate investing, mistakes are inevitable. But some don't have to be! There are common newbie investor errors I've seen repeated time and time again. I don't want you to fall victim to the same cliché missteps that so many others have before you!