10 Things I Wish I Knew Before Starting to Invest in Real Estate

A very personal podcast episode where James shares the mistakes he's made as a real estate investor and the 10 things he wish he knew before starting to invest in real estate.

This is a very personal recording of a class I recorded on March 10, 2021 for our real estate investor group in Northern Colorado.

In it I share some very failures and what I wish I knew if I was getting started investing in real estate in Wichita Falls.

Here's my list of tips:

  1. Not Get Rich Quick
  2. "A great business at a fair price is superior to a fair business at a great price." – Charlie Munger
  3. Reserves
  4. Return Quadrants™
  5. Nomad™
  6. Focus
  7. Grass Isn’t Always Greener
  8. Past does not equal the Future
  9. Deeper Understanding of Income and Expenses
  10. Sharpen The Saw

Watch the video version of this class:

https://realestatefinancialplanner.com/10-things-i-wish-i-knew-before-starting-to-invest-in-real-estate/

Resources Mentioned

In this episode James mentions the following resources:
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Wichita Falls real estate investor podcast? Book a free consultation to discuss.
10 Things I Wish I Knew Before Starting to Invest in Real Estate
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