When you began investing in real estate...

Member since 2020 · 23 posts · 7 votes

What was the biggest mistake you made when you began investing in real estate?

What was the biggest misconception you had?

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Nathan GesnerBusiness Member
Moderator
Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
2y
Quote from @Jonathan Bombaci:

What was the biggest mistake you made when you began investing in real estate?
What was the biggest misconception you had?
My biggest mistake was underestimating the cost of renovating a home and the amount of time it would take me to do it myself. I spent seven months to renovate a home. If I had hired a pro, it would have been done in under two and the extra rent income would have paid for the pro.

My biggest misconception was my limited belief that I couldn't buy multiple investments. I eventually figured it out and grew quickly.
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John Mason
Member since 2024 · 1k+ posts · 351 votes
1y
Secrets of the Millionnaire mind maybe the key
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