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Seven Mistakes to Avoid When you Invest in Rental Property

By
Services for Real Estate Pros with RealData, Inc.

Real estate has probably been the best vehicle for building wealth since, well, forever – and income-producing real estate (aka rental property) may be the type of real estate that offers the greatest opportunities to small and mid-size investors.

 

But nothing worthwhile comes without a few potential pitfalls. You can and certainly should prosper as an investor, but to do so means being mindful of some mistakes that could derail your success.

 

In this post I talk about some of the biggest gotchas you want to be sure to keep top of mind:

 

https://www.realdata.com/seven-mistakes-to-avoid-when-you-invest-in-rental-property/

 

Keep an eye out here as I share more of the lessons I've picked up over more than 50 years in real estate.

 

And if you're ready to get serious about learning how to unlock your potential as a real estate investor, please check out my eCourses at https://learn.realdata.com/courses. The video lessons are short, self-paced, informative, and (dare I say it?) sometimes even fun.

 

--Frank G.

 

 

 

Comments(2)

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John Pusa
Glendale, CA

Hello these are very important list of mistakes to avoid when investing in rental property.

Aug 21, 2024 08:19 PM
Jim Smith
The Property Management Company - Round Rock, TX
Broker,CRS,GRI,RMP,CNE,TRLP

As a professional property manager, a basic tenet that we always counsel with the investor is: The investor makes their money when you buy the property.  Avoiding even one of the points your mention in your article will breach the investment, and likely cause a miserable experience.

Aug 24, 2024 04:41 AM