The Most Common Investor Pitfalls

By Gary Bailey | February 8, 2012 | new investors experienced investors seasoned veterans strategy

Avoid these common mistakes to greatly increase your chances of selling your new-renovated property before your competition. If you are a real estate investor who is struggling to sell your newly renovated properties as quickly as you once did, there is a very good chance that you are falling into one of these common “pitfalls.”  What defines a pitfall?  We describe a pitfall as a mistake or misstep made by an investor that will result in project results that deviate greatly from the mean.  In other words, pitfalls cause your property to take longer to sell than other comparable properties, prevent it from selling for its full value, or prevent the property from selling at all – regardless of how much you reduce the asking price. Build has ...

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How much are you paying in Lost Opportunity Costs?

By Gary Bailey | April 9, 2011 | lost opportunity costs experienced investors seasoned veterans

A concept that investors rarely consider is the concept of Lost Opportunity Costs.  What exactly are lost opportunity cost?  Quite simply put, lost opportunity costs are the cost of the status quo, or the cost of inaction.  The Status Quo As an active real estate investor, when you step back and look at your business, one of the first things you will probably consider is how much money your business is generating. Are you generating $20,000, $30,000, or even $50,000 a year buying and selling property?  However, very few investors stop to consider the cost of lost opportunities.  Lost opportunities for active investors are frequently caused by a lack of a consistent supply of properties or limited funds that may allow them to complete only one or two ...

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