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All Forum Posts by: Mike Allison

Mike Allison has started 1 posts and replied 3 times.

Post: Biggest Mistake You've Made on a Multi-Family....

Mike AllisonPosted
  • Connecticut
  • Posts 3
  • Votes 4

@Dennis M. I feel like this is something that may happen to me, always assume people have the best interest for me, when in fact they may be malicious. Any warning signs or particular groups within the process (CPA, Lawyer, Contractor, etc...) to ensure that it is someone to be trusted? Thank you!

Post: Biggest Mistake You've Made on a Multi-Family....

Mike AllisonPosted
  • Connecticut
  • Posts 3
  • Votes 4

@Jim Pellerin Thank you for the detailed response! Many great lessons to learn here, sounds like you've rebounded quite well - and positioned yourself for growth...fantastic to hear.  When you say "hire" a mentor a coach... where did you find this person? Usually I hear of people networking and learning - first time I've heard of hiring, would be interested in finding out more!

Post: Biggest Mistake You've Made on a Multi-Family....

Mike AllisonPosted
  • Connecticut
  • Posts 3
  • Votes 4

Hello Bigger Pockets Community!

Just starting out in educating myself on the real estate investment world - there is a lot to learn and I am doing all I can to catch up quickly...

 Of course you hear a lot about people's success stories... but what I am more interested in is learning from other peoples mistakes (before I potentially make them!)

So I ask - what are some of the mistakes that you all made out of the gate in real estate investment that helped educate you quickly, and knowing what you know now what may have prevented it? Appreciate any insight!