The Biggest Mistakes In Real Estate Investing with Rod Khleif
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• Thinking It is a get rich quick Scheme
• Just dabbling in investing
• Buying in a market you do not know well
• Thinking you have to do this business alone
• Giving up too fast and being too impatient
• Analysis Paralysis
• Using the sellers numbers and expecting them to be true
• Not adjusting the amount for property taxes on pro-forma
• Not properly estimating negative cash flow or extensive repairs
• Buying a property without looking at true economic vacancy
• Buying a property based on future appreciation or value vs. cash flow
• Misjudging market rent value
• Not asking for seller financing
• Buying a property in your own name
• Choosing Bad Contractors
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