Top 5 Mistakes New Real Estate Investors Make!

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Brand new real estate investors often make mistakes that can cost them money in the long run. The top five mistakes are:

Over-rehabbing: It's important to make the property nice enough to fit the area, but not to go overboard and make it too fancy.
Not getting proper insurance: Different properties in different stages require different types of insurance.
Not properly screening tenants: It's worth spending time upfront to find the best tenant.
Not thinking about the end user: Investors should put themselves in the buyer or renter's shoes and make the property a place they would want to live in.
Being the nicest house on the block: This is not a good investment strategy.

Brand new real estate investors often make mistakes that can cost them money in the long run. The to