Investing in real estate can be a fast-paced, heart-pounding experience, even for passive real estate investors. Depending on where you invest, certain real estate markets can get heated and competitive. You might find yourself up against a bustling market of homebuyers, a cutthroat group of international investors, or even just tight inventory.

Getting into the real estate business can be a daunting thought. Not becasue you dont have the passion or mindset to be great...it's mostly due to lack of experience (especially when negotiating deals).  That is one of the main reasons that Turnkey real estate investing became so popular.

There aren’t that many people out there that can say that they truly, genuinely enjoy the process of a real estate negotiation. It’s tedious, there are all these concessions to make, back-and-forth, and it might not even pay off.

For the inexperienced real estate investor, negotiating your first deal can seem particulary intimidating.

Buying real estate is an exciting, frustrating, and potentially long process. For real estate investors, it’s also completely unavoidable.

We have to do it! If that’s the case, we might as well get good at it. There’s no use in fumbling our way through the process every time.

There’s also a ton of advice out there when it comes to buying properties. It can get very specific, especially when it comes to the financing!

Congratulations!

You bought your first rental property. That’s the first big step towards building towards financial freedom. Hopefully, it was not just one property that you purchased, but a portfolio of multiple properties to help get you started in the right direction early.  Especially if you a passive investor.  More on that later.

You may be thrilled.  You may be excited.  You may even be a little apprehensive. There’s still a lot of work to be done. Buying a property is only the beginning of investing in real estate.

Even as a passive real estate investor, you have quite the road ahead of you! No matter if you’re investing locally or in a distant market, here are the next steps you for the best foot forward:

Debating purchasing a property. Weighing the pros and cons. Running the numbers. You wonder to yourself — is this property really right for my portfolio? Am I going to get the positive cash flow I want out of this? What if it’s a lemon?

Purchasing a new property can be thrilling. Exciting. It can also be a big source of anxiety! For new investors especially, the thought of a property not working out can be scary, but the idea is nerve-wracking even for seasoned experts.

When a property doesn’t pan out, sure, you can get rid of it, but there’s a lot of wasted time, money, and energy. It’s just a hassle and a headache.

If only there was a way to tell if a property was going to be a home run from the get go!

While there’s no magic trick to telling the future, there are some signs that can help you predict a positive outcome.

Real estate investing is always exciting. There’s the thrill of achievement, knowing you’re going to take this investment property and do something amazing with it. You’re all set to accelerate your cash flow, expand your portfolio, and get one step closer to realizing your financial dreams.

But as we all know, making a deal doesn’t always come with good excitement. We all have our doubts from time-to-time: is this property going to give me the returns I need? What if there’s a problem no one caught? What if my number or wrong? What if someone outbids me?  

When it comes to sketching out our real estate plan, there can be a lot what ifs and room for worry when it comes to making a real estate investment deal. Even seasoned vets may find themselves getting butterflies from time-to-time.

But you know what? There’s good news. There are things you can trust, no matter what your next deal looks like.

There’s nothing wrong with falling in love. Unfortunately, we all have to keep our heads on straight when it comes to love. Getting your heart involved in something is always a risk - especially when it comes to a significant financial investment.