How to Avoid Being a “Bi-Polar Investor”




The Real Wealth Show with Kathy Fettke: The Real Estate Investor's Resource show

Summary: If you were thinking about buying investment property, wouldn't it be nice to get some advice from someone who has already done what you're trying to do? That's what we do on this episode of the Real Wealth Show. After last week's show, we got an email from a listener, Jim Jontz, that said: "Kathy, I think I'm a bi-polar investor.  Meaning, I keep going back and forth between being an optimistic investor to a pessimist.  So my question to you is...how do I approach a deal with the confidence of knowing that, in spite of my optimism or pessimism at the time, I am making a prudent evaluation of the facts?” Since Kathy has heard a similar challenge from other investors, she decided it was best to interview Jim on the show.  Plus, Jim owns several investment properties, so Kathy figured he'd also have some valuable insights for you! So on this episode, you'll learn: >> How to approach your investing with confidence >> What question to ask when looking at a pro forma >> How to avoid the tricks that some real estate salespeople play >> What kind of cap rates and cash on cash returns make sense to Jim >> And a whole bunch of other good ideas! .