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#06 - 5 Common Fears A New Investor Shouldn't Have

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Co-Hosts Kier Vogt and Bill McKee take time this week to help new investors overcome the 5 major fears they may have to start investing. They explain how they have overcome those fears or are still working through them. The 5 fears are: 

  1. Analysis Paralysis - Over-Analyzing and fear of starting
  2. Estimating Rehab Costs 
  3. Setting Up Systems & Processes
  4. Estimating After Repair Value (ARV)
  5. Over-Estimating Rental Prices in Your Market

    6. There are also some amazing tips and tricks to help you. Kier gives some really great tips on identifying an old roof! 

    Section 8 Rental Numbers

    Questions for the Audience:  

    • For people who are already investing what % they allocate of their rent for CapEx, Maintenance, Vacancy, and Property Management in their analysis?
    • Do you like/want more Kier and Bill solo episodes? What topics would you like to hear them cover?

      • Be sure to check out our ARV Calculator on our store likemindedinvestors.co/store! Listeners will get 50% off the spreadsheet by using promo code FEAR at checkout! 

      Be sure to support Like Minded Investors! Rate, Review, Subscribe to the Podcast and follow us on Instagram and YouTube!

      Follow Kier and Bill on Instagram: @realestate.kier and @billydoesphilly

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