Tuesday, March 25, 2008

The Biggest Mistake I Made When Starting Off In My Real Estate Business

When I was new to the real estate business I of course made mistakes. Everybody does. Even though I often make small mistakes, nothing compares to this most important one I was making over and over again.

The biggest error that I made was not figuring out how to bring in cash for the short term that would keep me leaving for the long term. I'm certain that everyone knows how luxurious preliminary a real estate business can be. Not only do you have to have money to get into the business you have to have money to take you for months (sometimes) before you get any business.

Fortunately for me I got a pair of deals done right away that kept me in business and out of the poor house. After that big mistake of advertising I knew that I would have to come up with a better solution if I was to stay in the business and also to be able to produce my business.