Today we're talking about the five most common underwriting mistakes I see from newer investors.

Now, underwriting is one of those topics where people often focus on spreadsheets, formulas, and software. But in my experience, underwriting mistakes are usually not math mistakes. They're assumption mistakes. They're judgment mistakes. They're failures to properly understand risk.

And unfortunately, during the years of cheap debt and rapid appreciation, a lot of people developed bad habits that only worked because the market bailed them out.

A rising market can hide a multitude of sins.

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