
As an Certified Appraiser I can tell you that the most common mistake
that many beginning real estate investors make is that they pay too
much for property. Fact is overpaying for property is often cited as
the number one reason why so many newcomers fail to make it as
profitable real estate investors. That’s because most beginning real
estate investors are woefully under capitalized, and they don’t have
the deep pockets that are needed to subsidize their overpriced real
estate investments.