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Updated almost 2 years ago on . Most recent reply

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Janea L.
  • New to Real Estate
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biggest reason people fail in REI

Janea L.
  • New to Real Estate
Posted

What is the biggest reason people fail as newbies in real estate investment?

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

I don't recall ever reading a study that answers this question. I suspect it's one of two reasons:

1. Over-leveraged, they hit a major expense, and their house of cards crumbles; or

2. They can't handle being a landlord. Something goes wrong, the stress or expense of the situation kills them, they sell everything and walk away.

  • Nathan Gesner
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