Jeff Adams is the author and host of his program: Free Real Estate Mentoring – Building the foundations of your seven figure real estare empire!
The following 23 mistakes are the most common responses that Jeff Adams received when asked successful investors to talk about their past. Jeff Adams suggest to read them, study them and don’t forget them. Jeff suggests that ‘anybody can receive information, it is the wise man that prospers by it and puts it to use’.
1) Waiting Too Long to Start Real Estate Investing
2) Not Having a Plan
3) Not Requiring Written Repair Bids – Every Time
4) Not Charging Tenants for Damage
5) Not Screening Tenants for Eviction Risks
6) Paying for Repair or Construction Before 100% Completion
7) Paying Full Price for Late Repair of Construction
8- Allowing Your Real Estate Investment to Run Your Life
9) Over-Improving a Property Bought to Flip or Rent
10) Running Out of Cash
11) Forgetting About Asset Protection
12) Over-Analyzing Property
13) Becoming Friends with Tenants
14) Underinsuring Property and Risk
15) Ignoring Cash Flow
16) Punishing Bad Tenants Without Rewarding Good Ones
17) Permitting Tenants’ Problems to Spoil the Positives of Real Estate Investment
18) Letting Rent Collections Get Personal
19) Only Looking at Properties When There Is a Problem
20) Missing Out on Special Loan Programs
21) Inability to Sell a Rehab Property or to Rent a Rental Property
22) Not Thinking of Tenants as Potential Buyers
23) Renting to Relatives
for more details on Jeff’s background, programs, and additional information on the greatest real estate investment mistakes click here: