Cash Flow Guys Podcast

This week I am going to talk about the top 7 most popular mistakes we can make when buying an investment property.  Peer pressure often forces otherwise logical people to make illogical decisions that are quite common in the real estate space. Sellers, Wholesalers, and Realtors tend to paint an unrealistically rosy picture of how profitable the investment will be. Maybe you don’t want to disappoint those who are pitching you such an amazing deal so you pull the trigger. It might be that you are so excited about the opportunity to own real estate you skim over the deal without completing a full cashflow analysis. Sellers of investment real estate know that you as the newbie do not want to be considered a tire kicker, so you do the deal so as not to disappoint the “cool kids”. Shortly after closing, you find yourself short of cash over the next few months.  You find this odd because after all, you recently bought a rental property, and it’s rented so where are all those profits? I’ll tell you where… Most common