ebook proof read april 27

10 Costly Mistakes to Avoid as a New Real Estate Investor
Introduction
The mistakes listed in this book are being shared by the author (Damon
Jones) from his own personal experiences and the experiences of his fellow
investors and clientele. This list of “10 Costly Mistakes to Avoid as a New
Real Estate Investor” are not the only mistakes to avoid. However, they’re the
most important mistakes to avoid, which will save you thousands of dollars
in unnecessary headaches and sleepless nights.
Several years ago, before the pop of the real estate bubble, quite a few people
decided to take the plunge and become real estate investors. Most of them
had no desire to be a landlord and deal with tenants, so most of them chose
to become property rehabbers/property flippers. You’ve seen this concept on
popular real estate TV shows. The idea is to buy a house at a discount, fix it
up and sell it for a profit. That’s exactly what most people did. However, most
people didn’t realize that it was more to the real estate investment process
than what was shown on TV.
Real estate investing is an investment strategy where an investor purchases
property in order to earn a profit. In most cases, the investor will either rent
out the property, or improve on it in order to resell it at a higher cost than it
was purchased for. Real estate investing can be riskier than other
investments since property cannot usually be sold quickly.
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10 Costly Mistakes to Avoid as a New Real Estate Investor