What’s the Biggest Mistake That Changed the Way You Invest?

[Ismael El Hamdouchi]

I’ve been spending the last few weeks talking to experienced investors here on BiggerPockets. One thing has surprised me. Whether someone owns 5 units or 5,000 units, almost nobody has told me their biggest mistake was “not buying sooner.” Instead, people keep mentioning things like: • Poor underwriting • Bad property management • Taking on too much too fast • Not having enough reserves For those who’ve been investing a long time… What mistake taught you the most?