Top 10 Investing Mistakes (Mistake #2 - Screwing Up The Repair Estimate)
Manage episode 240096629 series 2386958
One of the biggest questions I get is "how do I avoid risk"?
What people are really asking is "How do I avoid making a mistake that will cost me money, ruin my chances, bankrupt me, etc?"
How can I guarantee I will make a GOOD decision and buy a GREAT property that makes me cashflow?
The truth is, there's no way to totally eliminate risk.
BUT, there are a variety of methods to make sure you minimize your risk in a big way...so that over the long run, any setbacks are massively offset by all of your big wins.
In today's episode I go over one HUGE mistake you can make, SCREWING UP THE REPAIR ESTIMATE, that will screw up everything else and possibly derail your investing efforts.
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