The Biggest Real Estate Investing Mistake I’ve Ever Made

by | BiggerPockets.com

Mistakes happen to the best of us. And unfortunately, newbie investors are particularly susceptible.

I’ve had my fair share of slip-ups in the investing industry, but there’s one that I’m still not sure I’m over. And you know what’s extra frustrating? It could’ve easily been avoided.

Listen to my story, take my advice, and don’t repeat this huge mistake.

Related: The One Real Estate Mistake You Can Never Fix…

Avoid This Typical Newbie Misstep

To err is human. So, when it comes to real estate investing, mistakes are going to happen. It’s pretty much inevitable.

But what you can do is exercise damage control. Minimize the number of mistakes you make and lessen the impact of your missteps by asking for help.

And the BiggerPockets forums are a perfect place to do that! Read investors’ stories, ask experts questions, bounce ideas off community members, and share the lessons you’ve learned along the way.

This is especially important for those of you who are just starting out.

What mistakes did you make when you were just starting out as a real estate investor? Could it have been avoided by asking for help? 

Share your experience in a comment below.

About Author

Matt Faircloth

In 2005, Matt founded The DeRosa Group along with his wife, Elizabeth. At the time, the two person company owned and managed two assets – a single family home and a duplex. Over the last nine years, they have grown the company to a 12 person team owning and managing over five million dollars in residential and commercial assets throughout the central NJ and Philadelphia area. One of DeRosa’s mantras is “to make money while making a difference.”

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