The 5 Biggest Mistakes Investors Make When Buying Rental Properties

Over the course of the 20+ years Marc Bautis has been in the financial services industry, he’s seen and helped many people purchase real estate investment properties. Some of these investments have been prosperous, while others have led to financial disaster. In this episode of The Agent of Wealth Podcast, Marc Bautis shares the five biggest mistakes investors make when buying rental properties, and how to avoid them.In this episode, Marc will detail the following:Mistake 1: Believing that rental properties are a passive investment.Mistake 2: Improper financial analysis before purchase.Mistake 3: Incorrectly estimating expenses.Mistake 4: Looking for the highest yielding property.Mistake 5: Overextending yourself. And more!Resources:Episode Transcript & Blog |What Every Real Estate Investor needs to know about Cash Flow…And 36 Other Key Financial Measures | Biggerpockets.com | Bautis Financial: 7 N Mountain Ave Montclair, New Jersey 07042 (862) 205-5000Timestamps:0:41 - 4 Major Benefits of Owning Rental Properties2:20 - Mistake #1: Thinking Rental Real Estate is A Passive Investment5:20 - Mistake #2: Improper Financial Analysis Before Purchase10:08 - Mistake #3: Incorrectly Estimating Expenses12:55 - Mistake #4: Looking For The Highest Yielding Property15:46 - Mistake #5: Overextending Yourself