I want to share with you a few things that really set me back my first year in real estate so you don't make the same mistakes I did. Since being a real estate investor and entrepreneur since 2004, I've seen a lot of people come and go. I 've learned tons of things to do, and better yet what NOT to do when it come to flipping houses and holding rental property for long term.
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-Download the Deal Insurance/Memorandum of Contract below:
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I'd have to say real estate is a team sport and the more you understand how to get people on your team, the better you'll be. Another thing about real estate investing is the fact that it must be constant. If you don't set time aside each week, it's going to be hard to succeed. I hope this crazy advice helps.
You can reach me at KrisHaskins.com
0:00- Intro
1:20 - #1: Giving too much money to contractors up front
3:20 - #2: Being scared to talk to people - 3:20
4:46 - #3: Not recording my memorandum(Deal Insurance)
7:34 - #4: Not respecting the motion of Money
9:32 - #5: Trying to "fit in" with "successful" circles of people
11:00 - #6: Not getting Non-Refundable Deposits
14:14 - #7: Worrying whether people liked me
16:03 - #8: Focusing on MY problems! Not solving other people's problems
18:07 - #9: Worrying about what other investors are doing
22:57 - #10: Not asking people to invest with me
26:50 - #11: Not submitting a written offer to my seller
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#11biggestmistakesrealestateinvestor, #biggestrealestatemistakes,
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