We've worked with hundreds of real estate investors over the last 20 years. Here are the top 5 amateur and costly mistakes we've seen people make. Make sure to avoid these mistakes so you can actually build wealth through real estate investing!
0:00 - Intro 0:45 - Waiting for Prices to Drop 5:36 - Not Being Pre-Qualified or Pre-Approved to Buy 7:29 - Not Knowing Your Intention for the Property You're Buying 12:00 - Not Being Focused on an Area or Property Type 15:10 - Analyzing Too Much and Failing to Take Action 16:55 - Fear of a Possible Economic Recession 17:48 - Fear of Rising Mortgage Interest Rates 20:32 - Is Renting Cheaper Than Owning Real Estate? 21:22 - Analyzing Financials for the Wrong Reasons 22:40 - Waiting for the Next Housing Bubble or Real Estate Market Crash 23:30 - Do You Lose Your Property When You Miss a Payment? 24:54 - Fear of Property Value Decreases 26:19 - Conclusion
Juan is a Licensed California Real Estate Broker that has acquired his Certified Commercial Investment Member (CCIM) designation and a Real Estate Investor who is dedicated to helping people build wealth and financial independence through real estate investing.
Juan specializes in selling multifamily apartment units as well as residential properties. He prides himself in locating value-added properties that maximize the client’s investment yields. Juan is a detail-oriented entrepreneur.
Today he handles everything from finding, funding, designing, managing, and selling investment properties. His diverse experience in commercial and multifamily real estate allows him to develop and navigate a wide range of projects.