In our last blog post, we talked about why you should choose real estate investment over more traditional investment options like stocks and mutual funds. If you’ve done your due diligence researching real estate investment, by now you have no doubt found a few reasons why you shouldn’t invest in real estate. The Wolff Couple have more than 40 years of combined experience in real estate, and they know how to avoid the pitfalls. In this article, we’ll address three common drawbacks of real estate investment and explain how you can avoid them. If you’re ready to take that next step, shop the Wolffs’ training videos or sign up for a real estate workshop today!
1. High Upfront Costs
A big reported downside of real estate investment is that you need to pay a lot of money upfront to get started. After all, you’re trying to buy houses, right? Yes — but there are several ways to start investing in property that don’t require thousands of dollars out of your pocket. That’s the greatest advantage of real estate investment: you don’t have to have to be a millionaire from the start! Join a real estate seminar with the Wolff Couple – the “Mentors to the Mentors” – and learn how to pay as little as $10 or make deals without using any of your own money!
2. Lots of Hands-On Maintenance
A common misconception for those new to real estate is that investing in property means a lot of time and effort spent on upkeep. However, it all depends on the kind of real estate investment you’re considering! There are far more options than simply buying and flipping homes or managing rental properties. “Mr. and Mrs. Delegation” have seven proven real estate investment strategies that don’t require a lot of maintenance, so you still have plenty of time to work on other projects or be with your family.
3. High Maintenance Costs
Again, this is only true if you limit yourself to property flipping or management! The longer a property in your ownership stands empty or partially rehabbed, the more money you lose. Try the Wolffs’ system to cut down that time or cut it out all together! You have many options to make real estate deals that work for you. Create a contract that give upkeep responsibilities to the property tenants – one they’ll want to sign – or skip straight from buying to selling houses! You can learn all the tips and tricks with the Wolff Couple.
Real estate, like any other investment, has its own advantages and disadvantages. It’s also a broad category that includes many strategies, from rental property management to wholesaling houses, and each strategy has its own dangers. If you find the right strategy, you can eliminate common pitfalls like high costs or high maintenance. Learn how to invest intelligently with one of the Wolffs’ investment training DVDs or real estate workshops. Not convinced? Check out testimonials from real students who made thousands of dollars in just a few months!