Big Fat Real Estate Checks: Ep18: These Are The Traps You Need To Avoid – Marco Kozlowski

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Real estate traps are sometimes
laid out so well, even the most skilled may fall into them.
Mistakes in real estate are costly and it’s no play. In this
episode, we discuss some of the common traps that you can avoid
which will help you cut expenses and invest safely!

 

WHAT YOU’LL LEARN FROM THIS EPISODE

  • When you buy single-family,
    always compare with similar properties.
  • Always buy by looking at the present value and price or what it
    has done in the past, not it’s future value.
  • Risks that come with raising the rent.
  • Why 100% occupancy isn’t great.
  • Different property values in different states.
  • Why bidding wars are dangerous.
  • How to deal with bidding wars.
  • When you purchase by bidding it becomes an emotional purchase
    rather than a purchase based on numbers.
  • Agent contracts and state forms are designed to protect the
    seller, the agent, and the broker, they are not designed to protect
    you.

 

RESOURCES FROM THIS EPISODE


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Check out more podcasts from Marco Kozlowski:

https://marcokozlowski.libsyn.com/

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