Real Estate Investing with Coach Carson - 5 Rental Property Mistakes That Cost Me Thousands!

My new coaching & learning community, Rental Property Mastery is now LIVE. Join us here: 👉👉https://www.coachcarson.com/RPM-YT Mistakes! We all make them, but you don't have to repeat the same ones others did. Especially the costly ones! In this video, Coach Carson shares some of the biggest mistakes he's made buying investment properties (both rentals and fix-and-flips) over the last 18 years. GET MY FREE REAL ESTATE INVESTOR TOOLKIT (with house checklist mentioned in the video): 📋 https://www.coachcarson.com/toolkit-yt/ NEXT VIDEO: "Is Debt Dumb in Real Estate Investing?" https://youtu.be/QekIIBa2Qpg 📖The Book on Estimating Rehab Costs by J Scott: https://www.coachcarson.com/estimate-rehab-costs-book 0:00 - It's easy to make expensive mistakes in Real Estate Investing 1:07 - Mistake #1 - Underestimating repair costs 4:43 - Mistake #2 - Letting your emotions cloud your judgment 8:09 - Mistake #3 - Not understanding the "default clause" of the contract 11:39 - Mistake #4 - Buying a property with a title problem 15:45 - Mistake #5 - Underestimating the negative property qualities 19:04 - Making mistakes is all part of the game. Learn from it! __________ 💲RENTAL PROPERTY ANALYSIS🏘️ My online course teaches EXACTLY how I run the numbers and confidently analyze rental properties that produce cash flow and build wealth (includes my spreadsheet): https://www.coachcarson.com/RPA-LT __________ 🧰MY FAVORITE REAL ESTATE & MONEY TOOLS: - Deal Machine - software to help you buy more real estate deals - https://www.coachcarson.com/dealmachine-YT - American IRA - invest your retirement accounts into alternative investments like real estate, private loans, partnerships, and more - https://www.coachcarson.com/americanIRA-YT __________ SUBSCRIBE for more videos about how to retire early with real estate investing! 🤗 https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1 ---------------- MY PODCAST ON INVESTING AND FINANCIAL INDEPENDENCE 🎧 https://www.coachcarson.com/podcast/ ---------------- FOLLOW ME ON INSTAGRAM 📸 https://www.instagram.com/coachcarson1/ ---------------- READ MY BOOK ON RETIRING EARLY 📚 https://www.coachcarson.com/retirementbook ---------------- 👋👋 SAY HI ON SOCIAL https://www.facebook.com/coachchadcarson/ https://twitter.com/CoachChadCarson __________ ▶️ MY YOUTUBE PLAYLISTS: “GET STARTED in Real Estate Investing”: https://www.youtube.com/playlist?list=PL5F-I4oW-y2GSa4B55DgpGOXFwhqMcCAm “100 Year Old Triplex Remodel Vlog”: https://www.youtube.com/playlist?list=PL5F-I4oW-y2EoCbkwMZrlJbStHVbxdsp3 “Ask Coach Your Questions Series”: https://www.youtube.com/playlist?list=PL5F-I4oW-y2Fns-a91jl5nU05fnej07Wp “Rental Property Analysis”: https://www.youtube.com/playlist?list=PL5F-I4oW-y2ExNeAqoGNhKBXhpFrQZmI_ “Creative Financing ToolBox”: https://www.youtube.com/playlist?list=PL5F-I4oW-y2GT1sXIBio2rEycQ6v38iyH “NITTY GRITTY Real Estate Investing”: https://www.youtube.com/playlist?list=PL5F-I4oW-y2FBXLqGI51b-aScuSPbc93M “BE YOUR BEST (Productivity Hacks & Personal Growth)” https://www.youtube.com/playlist?list=PL5F-I4oW-y2EyDHxapqzTHX33p15P1nCs “HACK Real Estate Debt” https://www.youtube.com/playlist?list=PL5F-I4oW-y2G8M605b1iuXpj-xWyjqNXP