The Real Estate Investor 411

To begin with, you should know that being a real estate investing can be extremely risky business.   So risky, in fact, a study commissioned in 2001 of large real estate investor associations in America found that 92% of fall first time investors drop out within 3 months.   Other research has uncovered that 9 out of 10 investors do not survive the first year of their investment portfolio.

What is equally sad, is that the Small Business Administration reports that 95% of all businesses fail within their first year.   Then, within 5 years, only the remaining five percent are left over.

Therefore, real estate investor attrition rates are Far HIGHER than the failure rate of small businesses!!!

As you can see, we’re not painting the most glamorous picture for you to become a real estate investor now, are we?  (Hey, like the title says…this is the “411”…the real lowdown on the ugly truth suppressed by those television programs and late night infomercials that paint a pretty rosy picture of real estate investors getting their way all the time).

However, there are a few causes – specific reasons why – such a high rate of investors fail.  Much of those reasons can be addressed by gaining access to a highly regarded real estate mentoring program.   Other causes, such as not have an appropriate business plan and set of step-by-step processes to following when becoming a real estate investor, can be as easy as pulling a real estate book off the shelf at your local book store, and reading through its contents.