Ryan Webb of Fort Wayne, Indiana On Common Investment Mistakes


Posted November 5, 2014 by pzmediainc2

Ryan Webb of Fort Wayne, Indiana outlines common real estate investment errors

 
Ryan Webb of Fort Wayne, Indiana is a longtime real estate investing professional who has enjoyed a good deal of success in the more than ten years he has been an active investor. He is Indiana born and bred, and went to Indiana University, where he was enrolled in the School of Public and Environmental Affairs.

When it comes to real estate investing, Ryan Webb of Fort Wayne, Indiana says that there are a lot of mistakes that can be made. And he says that one of the most important aspects of his work is researching any potential investment before he ever puts in so much as a dime in a piece of property. Even experienced investors can make mistakes, he says, and he knows too many other investors who are still recovering from poor investments that they have made in the past.

With this background, Ryan Webb of Fort Wayne, Indiana has identified some of the most common mistakes that real estate investors make, especially those without as much experience as he has. Too many, he says, are likely to fall victim to herd mentality and invest in a property they hope will appreciate over time. This, he insists, is as much of a gamble as playing a slot machine. He says to always buy below market properties that cash flow.

He says that beginners almost always buy properties right off of the Multiple Listing Service, and at full market value. But he says that is a mistake, and that it is usually possible to find deals in any market. You can almost always find distressed properties to buy. He advises choosing carefully from these, and at seventy percent of their market value or less.

Ryan Webb of Fort Wayne, Indiana says that you should never love a deal so much that you get emotionally involved with it, because this can cloud your judgment and lead to a bad investment. He says to never let emotions drive your decision to buy. It is important to always make an informed decision. He advises getting as many prospects that fit your criteria, and learn to filter out those that are not going to work.

All of these tips sound easy, Ryan Webb of Fort Worth, Indiana acknowledges. But it takes a lot of work to become a savvy real estate investor, and the best teachers are time and experience.
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Issued By Pz Media Inc
Website Ryan Webb Fort Wayne IN
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Last Updated November 5, 2014