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It's Better To Be Lucky Than Good In Real Estate | Ep. 572
Manage episode 436583143 series 2859831
Which is better? To be lucky in real estate investing? Or to be good at real estate investing?
Maybe both?
We have heard about Anthony's first real estate investment, the house-hacking triplex. It appreciated about $125,000 in just 9 months.
He's a genius real estate investor, right?
Well, I asked him... did you just get lucky? What if the furnace kicked? Or the roof caved in? Did you have the reserves to fix any major projects?
While he did have some reserves ready to go, he also got lucky. The neighborhood was appreciating, and therefore his property was growing in value. So...
When it comes to real estate investing, especially in your first few deals... how much luck is involved?
What can you do to mitigate your risks so you're not relying on all of that good luck?
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
582 tập
Manage episode 436583143 series 2859831
Which is better? To be lucky in real estate investing? Or to be good at real estate investing?
Maybe both?
We have heard about Anthony's first real estate investment, the house-hacking triplex. It appreciated about $125,000 in just 9 months.
He's a genius real estate investor, right?
Well, I asked him... did you just get lucky? What if the furnace kicked? Or the roof caved in? Did you have the reserves to fix any major projects?
While he did have some reserves ready to go, he also got lucky. The neighborhood was appreciating, and therefore his property was growing in value. So...
When it comes to real estate investing, especially in your first few deals... how much luck is involved?
What can you do to mitigate your risks so you're not relying on all of that good luck?
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
582 tập
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