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Epic Real Estate Investing

The Biggest Mistake People Make Investing in Real Estate | 429

Epic Real Estate Investing

Matt Theriault

Business, Investing

4.7955 Ratings

🗓️ 20 July 2018

⏱️ 8 minutes

🧾️ Download transcript

Summary

Today on Financial Freedom Friday, Matt shares the biggest mistake people make investing in real estate. Learn how to manage your expectations in the real estate investing world, how to effectively manage your team, what most people do wrong when selling a property, and much more!

Transcript

Click on a timestamp to play from that location

0:00.0

This is Terry O'Media.

0:04.0

Hey, this is Matt over at Epic Real Estate and welcome to another episode of Financial Freedom Friday.

0:09.0

And today we're going to talk about the biggest mistake people make when investing in real estate.

0:13.6

Stay tuned. It's time for Financial Freedom Friday with Matt Terrio.

0:28.0

All right, so the biggest mistake people making real estate.

0:31.5

Someone asked me this. This question came in and I was like,

0:34.3

what is the biggest? I actually actually had to stop and think. If I really had to say biggest.

0:37.8

So what's the biggest mistake? mistake.

0:45.0

And I thought about it, and I thought about it, and I came up with more than one.

0:51.0

So we're going to change this to biggest mistakes.

0:55.1

And then I thought, how many others are more than a?

0:57.2

I came up with three, three real specific ones.

1:01.7

That if you can avoid these, it's pretty tough to lose in real estate.

1:05.0

All right, so the first one is coming in with the wrong expectations.

1:15.0

And this expectation, that's a double-edged sword.

1:19.0

It cuts both ways.

1:20.0

Because some people get involved in real estate

1:22.0

think it's going to be the savior to their life.

1:25.7

It's going to be this automatic wealth creation thing that produces a passive income that's

1:30.7

going to allow them to escape the rat race and quit their job and it's just

1:33.8

gonna, all you gotta do is buy it and turn the key and the thing performs and nothing else to

1:39.1

ever worry about.

...

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