What are some tips for a business investor experienced in high risk startups shifting into real estate investment? How drastically do they differ, what are some of the most transferable skills between either?
Money and time management skills are transferable to any industry really, and both are critical to real estate investment. Also, the ability to fail and move on is a boon, something tech startup founder all seem to have experience with!
Real estate investment is not much different from risky start up. Many home hackers often lose their shirt over extending themselves. Buying on borrowed money, no down. These failures are fairly common but not often not publicized.
It is OK to own real estate properties with maximum downpayment anticipating a income loss, loss in equity. It is risky as hell to put little down and expect appreciation and favorable outcomes.
This is a very vague question.
I would say extremely different if you are doing all on your own. If you have the money and can put a smart and reliable team together, then it may be ok.
Just real estate investing has many different routes in different markets. It’s like if you were experienced at Tech startup and then make the switch to pharmaceutical products.
so long as you have the seed capital to jump start your project, I don't see how an investor who is experienced in high risk startups would have any issues dealing in the real estate market.
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