Five Deadly Sins 

The Five Deadly Sins Of Real Estate Investing

1. Over-rehabbing. Do not put granite countertops or crystal chandeliers: you won't get a dime more in rent. Keep the rehab simple and clean.
2. In-action. If it doesn't sell, rent it. If it doesn't rent, advertise more and LOWER THE RENT! There are many ways to make the property to perform.
3. Buy and Sell. Why would you sell, when rents are up? The Buy and Rent model is quite profitable in today's market.
4. Quitting Your Job To Flip Houses. Don't quit the day job until you are consistently making a lot of money in real estate. You can create a ton of equity and cash over the years through investing, enough so that there will come a day that you retire and simply speculate.
5. Never Starting. You must have the courage and foresight to take charge of your personal and financial future. 99% of people make a mistake by never starting. I had no one to guide me in this business when I started. I had help, but no one mentored me. In fact, most of my friends and colleagues told me I couldn't invest in real estate and excel financially. Well I have, and so can you, but you need to take that step today!