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Episode #1,038 Episode Show Notes: https://link.chtbl.com/BPRE Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab Henry’s New Book, “Real Estate Deal Maker”: https://store.biggerpockets.com/products/real-estate-deal-maker?utm_source=youtube&utm_medium=description&utm_campaign=none Property Manager Finder: https://biggerpockets.com/findapm How to Work With Contractors and Manage a Job Site as a Flipping Newbie: https://www.biggerpockets.com/blog/work-with-contractors-manage-job-site?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Henry: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Real estate investing is great…sometimes. Other times, it’s NOT fun to be a real estate investor. While the pros, like financial freedom, generational wealth, and passive income definitely outweigh the cons, there are times when real estate investing makes you sit back and think, “Wow, I’m not having fun right now.” So we’re here to vent some of our biggest frustrations about the real estate industry, and if you’re an investor, landlord, house flipper, or property manager, you’ll probably relate. These are the things that grind our gears the MOST. Now we’re not saying to ditch rental properties and real estate investing because of these downsides. Despite all these investment property pains, we still believe real estate is the best asset class for investing. But you will be hit with the headaches that we go through if you decide to invest. The good news? We will give you actionable tips to avoid the worst of these throughout the episode. If you’re brand new to real estate investing or are thinking of buying your first property, this is advice you need to hear before you begin so you can make the most money with the least amount of stress. 00:00 Intro 00:41 1. Becoming an Agent Just to Invest 04:58 2. Bad/Slow Communication 07:30 3. Being Blinded by Exit Strategies 12:30 4. Unrealistic Expectations 17:03 5. Working with Contractors 23:22 6. Agent Property Descriptions 25:07 7. Virtual Staging 30:47 8. SO. MUCH. PAPERWORK. 33:19 9. Shady Wholesalers 37:36 10. Tenants vs. Landlords
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