The 5 Biggest Mistakes Investors Make When Buying Rental Properties The Agent of Wealth

Over the course of the 20+ years Marc Bautis has been in the financial services industry, he’s seen and helped many people purchase real estate investment properties. Some of these investments have been prosperous, while others have led to financial disaster. In this episode of The Agent of Wealth Podcast, Marc Bautis shares the five biggest mistakes investors make when buying rental properties, and how to avoid them.
In this episode, Marc will detail the following:
Mistake 1: Believing that rental properties are a passive investment.Mistake 2: Improper financial analysis before purchase.Mistake 3: Incorrectly estimating expenses.Mistake 4: Looking for the highest yielding property.Mistake 5: Overextending yourself. And more!Resources:
Episode Transcript & Blog |What Every Real Estate Investor needs to know about Cash Flow…And 36 Other Key Financial Measures | Biggerpockets.com | Bautis Financial: 7 N Mountain Ave Montclair, New Jersey 07042 (862) 205-5000

Timestamps:
0:41 - 4 Major Benefits of Owning Rental Properties
2:20 - Mistake #1: Thinking Rental Real Estate is A Passive Investment
5:20 - Mistake #2: Improper Financial Analysis Before Purchase
10:08 - Mistake #3: Incorrectly Estimating Expenses
12:55 - Mistake #4: Looking For The Highest Yielding Property
15:46 - Mistake #5: Overextending Yourself