Updated over 2 years ago on . Most recent reply
What do beginner investors overlook when analyzing properties?
I am analyzing small multi-family properties and I feel that there are some costs that I am not taking into account. Any advice would be appreciated!
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Henry Clark
#1 Commercial Real Estate Investing Contributor
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#1 Commercial Real Estate Investing Contributor
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Henry Clark
#1 Commercial Real Estate Investing Contributor
Pro Member
#1 Commercial Real Estate Investing Contributor
- Developer
It’s boring but develop a system first. Than a team. Then do five deal analysis. Either join a real estate group and have them review or post each one here and have this forum critique.
Read through the posts. Check out the type of REI investment you want to do. Look 5 years out and develop a plan. This will force you to see the numbers, team and failures before you get there.