Misconceptions in the world of real estate investment are all-too easy to come by.
Some are generated by what we think seems like common sense—it just seems logical, so we don’t stop to think about how it really is—or it comes from years of misinformation being passed around. Whatever the reason, myths have caused many an investor to make big mistakes in the biz.
It’s also stopped some folks from getting started at all!
One of the biggest barriers to getting started in real estate investment is money. Money is, for many of us, a big motivator for getting involved in investing in the first place. We’re dreaming of leaving our desk jobs for financial freedom, or trying to build up a strong retirement and secure a financial future for our children.
For whatever reason, money tends to play an important role. So there’s no surprise that there are quite a few misconceptions about money’s role in investing. We’re here to address a few: