3 Top Mistakes Real Estate Investors Make that You Should Avoid ASAP!
I'm Becky! I’m a newlywed living in Yonkers, NY. I’m a Cancer Researcher by day and a Real Estate Investor by night. I currently own 8 doors: 6 doors in Yonkers, NY, 1 in the Bronx, NY, and 1 in the Dominican Republic where my husband is from. I am actively working on the next 2 now and can't wait to hit double digits!
I grew up in a poor and financially illiterate family and I’m excited to change that through Real Estate. I’m an entrepreneur by heart and spent most of my 20’s living in Europe where I owned a tour company in Spain and a beachfront bar in Portugal. I’m an athlete (softball/field hockey) and love planning events to bring people together!
I started Lady Landlords as I had so many questions when I started investing in real estate two years ago and didn't know where to turn! Now, we all have a place to ask questions and help each other!
I see common threads with Real Estate Investors that hold them back even from the start so I want you to address these 3 mistakes ASAP and not let them happen to YOU!
1. Most investors never take the first step!
But... I commend each and every one of you for already doing just that! Whether you joined Lady Landlords owning 500 properties or just looking for information on your first one, education is the first step to "doing" so congrats to all of you!
Subscribe to Live Free with Becky Nova for free resources on what to do next.
2. There is no such thing as passive income in Real Estate Investing.
I think we can all agree that there is no such thing as free money. Real Estate Investing takes time and money no matter how you decide to invest. The best part though is that with a little bit of hard work, you can be successful in Real Estate Investing too!
Use your Goal Sheet from our first email to narrow down your goal and take action today!
3. You need to be RICH to invest in Real Estate.
Many people think Real Estate Investing is a Rich Man's game and I am here to tell you that it's not. When I moved back to the United States in 2013, I was broke (well, less than broke since I had debt) and living in my parents' basement. Once I learned how to get a hold of my own financial situation, I've been able to self-fund all 10 of the doors that I bought!