In both, the early days are all about survival: stretching every dollar, building systems, making mistakes, learning, and repeating.Real estate is no different.

Those decisions would not be a mistake... 

Just like anything, there is a learning curve, you’re going to make beginners mistakes and mistakes in real estate are typically quite expensive mistakes.

Quote from @Jeremy Jareckyj: my mistake misread what you said.

Matt shares the good and the bad, including his mistakes, and the lessons behind them in detail.

Having someone like that in your corner can save you from costly mistakes and speed up your learning curve.On the other hand, if you already have a firm grasp on the process, understand contracts, know how to analyze deals, and have your own relationships built out, then handling transactions yourself can make perfect sense.

That's a rookie mistake.

Mistakes happen, but your PM should own it and reimburse you and then work on repayment from the vendor for themselves. 

My youthful arrogance came back to bite me, as I made every mistake in the book.

But what we don’t always see are the hard parts: the work, the mistakes, the learning curves, and the growing pains that come with starting and running any business.I’m realizing that the success stories are inspiring, but the challenges behind them are just as important.