Don't Make These Twelve Deadly Mistakes

How You Can and Must Avoid Making Them
with Comments on these Investor Mistakes by Milt Tanzer

 Here are twelve of the biggest mistakes made by beginning real estate investors...
and many pros, too. Once you know how to avoid making them, (that's where
 we come in) you're well on your way to becoming a successful real estate investor.

Here they are:

 Mistake # 1. Spending thousands of dollars buying books, tapes and attending seminars and then putting all of that information on a bookshelf
and never looking at (or using) it.

Comment: I’m continually amazed at the number of “would be” investors who
have spent a bundle of money attending seminars, getting an education and then
never using it to start their investment program. Not only is it a waste of thousand
of dollars but it could be the biggest financial mistake you can make. Granted, many
programs out there are too complicated or risky to try., but not investing in real estate intelligently, could be the most costly mistake you'll make in your lifetime!  

 I guarantee you won't do that with our real estate investing  program. You’ll
 discover why you'll have to give it a try in a minute . 

 Mistake # 2. Failure to learn the basics of real estate investing.

Comment: The other extreme to Number 1 above, are potential investors who realize real estate is the best way to accumulate wealth and venture into the
purchase of properties without knowing the basics of real estate investing. Those investors are almost certain to get into financial trouble. You'll notice in Mistake #1 above I stated investing intelligently.

 Mistake # 3. Fear of making a huge financial mistake

Comment: We all fear making mistakes, especially a large financial one. I’ve counseled with many first time investors who had this ‘fear of the unknown’. I tell them that if they follow the procedures spelled out in our investment course, and
use at least half of them, it will be virtually impossible to make a financial mistake.
(I'll even tell you which half you must know). That’s the most important key to removing your fears and making sound investment decisions. Of the over a quarter
of a million people who have taken my investment course, only one (that I know about) has ever make a financial mistake and that was because he did the exact opposite of what he was taught to do. He used his emotions, not his investment
knowledge, to buy the wrong property. 
If you follow the advice in Number 2 above, you won’t have to worry about making a financial mistake.

Discover what is included in this best selling real estate investment course.

 Mistake # 4. Not looking at enough properties

Comment: Don’t fall in love with the first property you look at. Too many investors buy properties because they “look nice” or they are just to lazy to see what else is currently on the market that may be better. Part of sound real estate investing is in giving yourself a choice so you can select the best one, financially.

 Mistake # 5. “A better deal may be just around the corner” syndrome

Comment: This is the opposite mistake of Number 4. This investor never starts
his or her real estate investment program because they always hope a better deal
may be out there somewhere if they just wait...and wait...and wait. You'll learn how much money this procrastinator can lose in just one year of "waiting for a better deal".

 Mistake # 6. Thinking that real estate investing is strictly a complicated game that only the wealthy can play.

Comment: First of all real estate is NOT complicated. Our investment course has proven that anyone with the desire can learn the techniques practiced by the professional investors. They are outlined in easy to follow, logical sequence in terms and examples that are simple to master.

Did you know that even professional investors use a simple nine step process to
analyze the financial feasibility of an investment property?

Here's a brief preview of the nine simple steps they use in analyzing any type or
size investment property using a hypothetical property producing $26,000 in annual income and $9,846 in operating expenses a year. We used $12,863 in mortgage
payments for the year. A cash down payment of $35,000 was also assumed
with the remainder of the purchase priced financed.

  A Basic Financial Property Analysis

  1. Scheduled Gross Income (Income if 100% leased)    =       $ 26,000
  2. Less: Allowance for vacancies (5% of Gross Income)            -1,300
  3. Operating Income before expense & Mtg. Pmts.                 $24,700
  4. Less Operating Expenses (Taxes, insurance, utilities,
       repairs and maintenance etc.) 40%                                   -  9,846
  5. Equals: Operating Income (Income before Mtg. Pmts.)        $14,854
  6. Minus: Mortgage Payments:                                              -12,863
  7. Equals Cash Flow                                                              1,991 =   6%
  8. Plus: Mortgage Principle Payment                                       +1,697
  9. Total Return:                                                                  $  3,688 = 10%

  If an investor had invested $35,000 in the property he or she would realize
  just under 6% return on the investment. (Line 7 divided by $35,000)
  His or her overall return on cash invested would be just over 10% (Line 9
  divided by $35,000).  Where else can you receive a 6% profit on cash invested
  or 10% including the $1,687 your tenants paid down your mortgage during the
  year (that's like cash in the bank when you sell your property).

   By the way, these are conservative figures.  We expect investors to do better than
   this.  Are you earning at least 10% on your present investments?

 There's a lot more to it than that, but you just read the basic procedure followed for
 analyzing any income producing investment property.

 Second, our “no money down” E-book proves that you do not need a lot of money 
 up front to successfully invest in real estate with minimum risk… and the ‘minimum 
 risk’ part is vitally important.

 Mistake # 7. Falling in love with a property

Comment: Once you get your feet wet and become a real estate investor, you’ll wonder why you waited so long to begin. Now you’ll face another problem. Many investors fall in love with their property. They have seen how well it is doing, cash
flow has been going up each year, and they have fallen in love with their tenants
(not literally). Two big mistakes are made here.

First, never fool yourself into thinking your property is doing too well to sell or
trade up because your cash flow is considerably higher than when you purchased
the property. This also means the property is worth more as well and you should capitalize on its increased equity. We devote the entire last chapter of our course
to “pyramiding” your one time initial investment into a lifetime estate. Not following
the advice in this chapter is a huge financial mistake.

The second part of mistake number 7 is getting so friendly with your tenants that you fail to maintain rental standards based on what the market will bear. This greatly hinders your growth potential.  It’s the “I feel sorry for Millie. She’s living on her
social security and cannot afford a rental increase” thinking. She’s probably building
up her bank account at your expense.

 Mistake # 8. Failure to plan your financial goals

Comment: Before you purchase that first property, which, of course, you financially analyzed, determine what you expect from your investments…your financial goals.
In our course, we discuss the ‘time vs. money’ concept. The more you have of
one the less you need of the other in order to reach your financial goals.

 Commenting on "Real Estate Investments and How to Make Them",
      Bob Bruss, Nationally Syndicated Real Estate Columnist said,
                     "...must reading for the real estate investor"              

Check out our investor program and course now

 Mistake # 9. Trying to purchase properties that the seller is not motivated
 to sell

Comment: I’ve seen potential buyers continually try to purchase investment
properties that are not really on the market. This includes property owners with the attitude that “Sure, it’s for sale… for a price”. Unfortunately the ‘for a price’ part usually means it will make no financial sense for a buyer. In the meantime he or
she is wasting valuable time chasing something that cannot be bought at a price
that helps them reach their financial goals.

 Mistake # 10. Believing you can get rich quick overnight with no money
  invested of your own.

Comment:. Getting rich overnight will not happen . . . (regardless of what some
of the so called "experts" tell you). Despite what you hear on the late night infomercials, building a lifetime estate for yourself will not happen overnight
(unless you have a rich uncle die and leave you a fortune). It takes some time,
effort and knowledge of real estate investing to do it with minimum financial risk.
The important thing to remember is that YOU can do it, too. You can join the
millions of investors who create sizable incomes by investing in real estate.

 Mistake # 11. No money down investing usually isn’t.

Comment: We pointed out that somewhere, somehow there will be some money required to put a transaction together and make it profitable.
It may be closing costs, repairs or upgrading, whatever. But somewhere, some
money will be needed. You'll learn ways around this problem without getting into
a high risk situation. You may be able to finance every dollar you need, but it can
come back to haunt you in the form of mortgage payments you cannot afford to
make.  You'll learn how to use creative financing to increase your wealth building potential while minimizing your financial risk.

 Mistake # 12.  Not financially analyzing a potential investment property.

Comment:  This is the most serious mistake an investor, or potential investor, can make.  I've seen a few pros in the business rely on a "worthless and inaccurate"
rule of thumb to make a huge financial decision to purchase, with total disregard
for how well the property will perform. 

Here's an interesting point regarding Mistake # 12.  You have to really goof badly
(or completely disregard everything you can learn here) in order to pick a real
loser! 

Oh, yes, there is one more major mistake many investor make:

Mistake # 13.  Thinking it's important to pay off your mortgage as soon as you can because mortgages are a 'necessary evil'.

Comment:  If you base your thinking on what you probably learned from your
parents or grandparents, who lived through the great depression of the early
1930's, you were no doubt brought up with that philosophy, which no longer has
any merit.  In our course we explain why:
    First of all,  mortgages are good, and not a necessary evil.  This may shock
some of you, but you'll learn why this is true in our program. You'll even learn
how, in the right situation, a second or third mortgage can be a good thing. 
    Second: mortgages are one of the keys to creating wealth in real estate.
You'll learn how to use financing to create your own financial estate, without
concern for it being "risky".

 Important Note:  We are referring to real estate held for investment purposes
   in this program ... not your personal home. Some investors, however, thrive on
  using the equity in their home for investment capital.  I don't recommend it!

  Just a Reminder: How Is This Website Different From All Of The Others?

You'll learn what I have learned by working with professional investors as a commercial/investment Realtor for over 25 years. It’s coupled with my own real
estate investing experiences and with my knowledge and training through a professional degree in commercial/investment real estate from the National
Association of Realtors. ... and it won't cost you thousands of dollars to learn, either. These professional investor secrets have been compiled into an easy to learn and
use course and software for a successful, profitable and minimum risk real estate
investment strategy.

Dear Milt, 
I also have used your book to make millions (meaning about 3 million 
in real estate equity) with about 450K of my own money.                        
 (He offers comments on the economy in his home town, in response     
to a recent issue of Real Estate Investor News  from us).                         
By the way, I have given away MANY copies of your book.                      
Thanks for your good work.                                                                        
Alan B., M.D., SC

 Important Point: Many of our customers are already successful investors 
who use our programs to learn additional investment techniques they never thought
of  before. We all have one thing in common. We'll never make an investment
decision without first running it through a real estate investment analysis software program to see if it makes financial sense. We know how to locate sound
investment properties using our forms and checklists as guides.

 Order now and we'll include several valuable free bonuses
   Including our popular, 100+ page  "No Money Down" E-book & More

Here again is our ironclad guarantee:  
Our program has been proven by professional real estate investors worldwide. 
It's proven to make real estate investing easy and as risk free as possible for
beginners, too.  We're so sure you can become a successful real estate investor
that we'll give you one full year to give it a try.  If, within the year, you can honestly
say "It doesn't work" just return the program to us for a full, no questions asked refund. (except for P & H) You have nothing to lose!  We'll take all the risk.

Ready to learn how to take the uncertainty and virtually all of the risk
out of real estate investing?
.
Click on the link below for full details on our software program and course and
get started securing your financial future TODAY!

Use your

on our secured order page