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Updated 5 months ago on . Most recent reply

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Robert Weinstock
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Newbie, the numbers look good, why isn't everyone running after it?

Robert Weinstock
Posted

Hi Everyone,

This is my first post here, so I wanted to quickly introduce myself. I’m brand new to BiggerPockets and to real estate investing in general. By profession, I’m a dentist, and while I truly love what I do, I’m also really excited about what the world of real estate has to offer in terms of financial growth and long term stability.

As a rookie, I came across the listing posted above for a property in Florida. The numbers shown on the deal analyzer look great with high projected cash flow and solid estimated returns. Assuming the property is in decent condition and the assumptions are accurate, I’m wondering:

Why wouldn’t everyone jump on a deal like this?

Are there common red flags or factors that new investors tend to overlook when deals look this good on paper?

I’d really appreciate any insights from those more experienced. Thank you in advance and I’m looking forward to learning and growing here.

  • Robert Weinstock
  • Most Popular Reply

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    Henry Clark
    #1 Commercial Real Estate Investing Contributor
    • Developer
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    Henry Clark
    #1 Commercial Real Estate Investing Contributor
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    Replied

    OP. I always like having an unfair advantage.  

    You can do SFH and rentals and compete against everyone. Depending on your situation. I would look at yourself personally. Do you own your own dental building. Can you find one with living quarters above?

    Start and sell practices.  Use that as your scaling approach.  Sell a business and not just real estate.  Think of coming out of college or the military plus starting a practice.  If you could seller finance you have a Sticky client.   They can lease to own.  They won’t want to move due to their client base and starting over.  

  • Henry Clark
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