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re: Information for my fellow Real Estate Investors
Posted on 2/2/16 at 1:33 pm to I Love Bama
Posted on 2/2/16 at 1:33 pm to I Love Bama
quote:
Over the past decade many investors either won big or they lost big because of the Great Recession.
The losers included rehabbers who got stuck with properties for which they paid too much and then could not sell. Buy-and-hold investors saw their tenants move out to share housing with friends or family members. That forced them to lower rent prices to attract new tenants, which, in turn, cut into their cash flow.
Yet there were many investors who survived and even thrived in the past decade. This large disparity between successes and failures is the very reason I spent the last 10 years identifying what these seasoned investors do differently. There are a number of differences, but today I can sum it up pretty simply. The single most identifiable difference that I noticed between average and seasoned investors is the seasoned investors “See it Big, Keep It Simple.”
seasoned investors see it big, keep it simple
Posted on 2/2/16 at 1:39 pm to Fat Bastard
Good article.
I like this.
quote:
Keeping it simple means establishing your criteria and sticking to it. It means making only minor adjustments to the strategy, but never adjusting the investing criteria.
I like this.
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