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10 Costly Mistakes to Avoid as a New Real Estate Investor Table of Contents Copyright....................................................................................................2 About the Author......................................................................................4 Introduction...............................................................................................6 Mistake # 1 – Attending Bait and Switch Seminars...........................8 Mistake # 2 – Paying Too Much for a Property.................................13 Mistake # 3 – Little or No Research Before Property Purchase......17 Mistake # 4 – Partnering Without a Written Agreement.................21 Mistake # 5 – The Lone Ranger Mindset............................................25 Mistake # 6 – Get Rich Quick Mentality.............................................29 Mistake # 7 – Investing Without a Clear Goal...................................33 Mistake # 8 – Hiring Incompetent Contractors.................................39 Mistake # 9 – Underestimating Property Expenses..........................48 Mistake # 10 – Overpricing Properties Once Completed...................51 Epilogue......................................................................................................53 2 10 Costly Mistakes to Avoid as a New Real Estate Investor
10 Costly Mistakes to Avoid as a New Real Estate Investor Disclaimer: All material contained in this book is provided for educational and informational purposes only. No responsibility can be taken for any results or outcomes resulting from the use of this material. All rights reserved. No part of this book may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, without the prior written permission of the publisher. While every attempt has been made to provide information that is both accurate and effective, the author does not assume any responsibility or the accuracy or use/misuse of this information. Published in the United States by Damon Jones of Purpose Real Estate Company eBook Edition I-April 14, 2017 Copyright © 2017 by Damon Jones 3 10 Costly Mistakes to Avoid as a New Real Estate Investor
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