The Lousy Investor Episode 10: 5 New Rules for Real Estate Investing
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Today we discuss some of the ways that I am an atypical rental property owner. To be honest, I think that the average “Mom and Pop” investor takes on WAY too much risk when building their rental portfolio and I don’t want you to make the same mistakes!
I share with you my feelings on how much money you should have in reserves for each rental unit that you own, how to think about different types of neighborhoods, considering the downside of each investment, being very narrow in your focus for investment properties, and my thoughts on paying off “good debt”.
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