What are you biggest questions/concerns about RE investing?

Question

Hi there,

I'm just doing a little survey.  I want to know what people(both experienced and beginner investors) see as the biggest obstacle or problem faced by people starting out as creative RE investors.  It's for an entrepreneurship class I'm taking.  You can write from your personal experience or give your opinion.  Let's see how many people can chip in their 2 cents.  Thanks.

Best regards,
Mike

Danny Kay · Answer

1. County Zoning/Core of Engineers
2. Civil engineers

N/A N/A · Answer

You should run yourself like a business....

So, my thoughts would be the same as any small business.

1, Do I have enough capital to ride the storms.
2, Have I properly planned for the storms.

Real Estate is a cyclical market, Know where you are in the cycle and adapt!!

Woods
www.LoansInAnyState.com

Michael Mulrooney · Answer

I don't do a lot of creative finance investing but in ordinary investing, I would say some of the biggest obstacles are:

1. Finding cash or equity that can be used for down payment money
2. Not everyone has good credit and I have found that is very important. 
3. Creative finance can get you into a lot of debt if you aren't careful because most of the deals requires large dollars being leveraged.
4. Finding the right deals. You may make 30-40 offers before someone is ready to let you purchase their property at a discounted price.

Just my thoughts.

Mike