Best Real Estate Investing Advice Ever

“What mistakes did you make in your career that I should be on the lookout for as a new passive investor?” 

Travis Watts answers this listener question by sharing four mistakes he made starting out as a passive investor that you can learn from:

  1. Location, location, location: You cannot overcome a bad area with good management.
  2. Understand that management is key.
  3. Make sure you understand the underwriting.
  4. Don’t do a deal just for tax reasons or because you see a lucrative fee split structure.

Want a more in-depth look at how to vet a team, a market, or a deal? Then check out our three part mini-series starting with episode JF2396: Passive Investing Strategies | Actively Passive Investing Show With Theo Hicks & Travis Watts.

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Direct download: JF_2641_Actively_Passive_Investing_Show_69.mp3
Category:general -- posted at: 7:00am EDT