HomeVestors Is Aware Of The Mistakes That Real Estate Investors Make


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Real estate investors who are just getting started in the field need to do what they can to avoid the top most common mistakes in the business. 

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years.  The company knows that there are a number of mistakes that real estate investors make time and time again.  Beginning investors who are just getting into the field should be aware of these shortcomings and do what they can to avoid them.

The top mistakes that real estate investors make are all avoidable and any investor who is worth their salt is aware of them.  While many seasoned investors learned the hard way by making these mistakes, an investor who is aware of them can do everything in their power to avoid being a victim to these barricades.

The first two mistakes that real estate investors make is not having enough money and purchasing a property without positive cash flow.  Investors who don’t have the necessary funds to enter the field should be aware of this and have patience when building up the capital to make a strong entrance into the field.  Those investors who don’t purchase properties with positive cash flow have either not done their research or have decided on a speculative investment.  Increase the potential for a successful investment by purchasing a property with positive cash flow.

The second two mistakes that real estate investors make in the field are not defining clear-cut goals and not having vision.  Those who have a vague sense of what they want to accomplish in the field need to finalize their dreams by writing them down.  As soon as these goals are on paper they will have a concrete quality to them and enable an investor to expand on them.

After creating long-term goals, the next step is to create short-term goals and even daily goals.  Investors who stick to these daily goals will end up accomplishing the long-term goals through sheer determination.

While there are many mistakes that real estate investors make, the biggest one is that they want to do everything themselves.  While this is a noble goal, consider how to best use the limited time available and consider leveraging one’s time by hiring others to complete certain tasks.  Consider hiring a property management company to handle the daily activities and consider hiring a maintenance person to handle repairs.  This will allow an investor to focus on what is important and succeed in the field.

Those beginners who avoid the mistakes that real estate investors make right off the bat are able to find their place in the field.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties.  Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community.  In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction.  For more information, visit www.HomeVestors.com.

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