This is a very personal recording of a class I recorded on March 10, 2021 for our real estate investor group in Northern Colorado.

In it I share some very failures and what I wish I knew if I was getting started investing in real estate in Indianapolis.

Here's my list of tips:

Not Get Rich Quick
"A great business at a fair price is superior to a fair business at a great price." – Charlie Munger
Reserves
Return Quadrants™
Nomad™
Focus
Grass Isn’t Always Greener
Past does not equal the Future
Deeper Understanding of Income and Expenses
Sharpen The Saw

Watch the video version of this class:

https://realestatefinancialplanner.com/10-things-i-wish-i-knew-before-starting-to-invest-in-real-estate/

Resources Mentioned

In this episode James mentions the following resources:

First $100K Is The Hardest - Some more detailed information and explanation on why the first $100K is the hardest.
Everything You Learned About Deal Analysis is Wrong - An entire class about using the Return Quadrants and reserves when analyzing deals.
Return in Dollars Quadrant™ - Learn about the Return in Dollars Quadrant™ and each area of return on investment properties.
Return on Investment Quadrant™ - Learn about the Return on Investment Quadrant™ and how much return you get from each area of return on investment properties.
Cash Flow Power Meter™ - A tool to visualize how strong cash flow is on a property.
The World's Greatest Real Estate Deal Analysis Spreadsheet™

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Indianapolis real estate investor podcast? Book a free consultation to discuss.

10 Things I Wish I Knew Before Starting to Invest in Real Estate

Indianapolis Real Estate Investing & Real Estate Financial Planning™ Podcast

10 Things I Wish I Knew Before Starting to Invest in Real Estate