Episode 110: Real Estate Investing Mistakes that Will Cost You Thousands

In this no-fluff, real-talk episode, Spencer and Adam pull back the curtain on the most common and costly mistakes real estate investors make. Whether you're just starting or scaling your portfolio, this episode will save you serious money, time, and stress. Adam shares battle scars from his first 12 deals, Spencer confesses to his eviction nightmares, and together they break down everything from rookie number-crunching failures to the myths of passive income. You'll Learn: Why trying to "time the market" is a trap—and what to do instead The one thing new investors always underestimate What actually makes income passive (spoiler: not much) Why not having reserves is a recipe for disaster How poor resident screening could burn your cash and your house What happens when you trust turnkey rental packages blindly Why networking (even for introverts) might be your best deal source What Adam learned from flood zones, sketchy bedrooms, and fake 3BR listings The critical importance of exit strategies in any deal Why weak desires = weak results—and how to stay hungry and win Favorite Quote: "You have weak desires, you have weak results. If you're not aiming for something, don't be surprised when you hit nothing." Who Should Listen: 📈 New investors who want to skip rookie mistakes 💰 Seasoned pros who need a gut check 🎧 Anyone serious about building long-term wealth through real estate Subscribe to our podcast and leave us a review if you enjoyed this episode! =================================== Connect with Matt and Spencer at Evernest: Evernest.co Hosts: Spencer Sutton and Adam Hobson Visit the Podcast Website: Evernest.co/podcasts Email the Show: [email protected] =================================== Production House: Flint Stone Media Copyright of Evernest 2025.