JF2641: Don't Make These 4 Mistakes as a New Passive Investor | Actively Passive Investing Show with Travis Watts
“What mistakes did you make in your career that I should be on the lookout for as a new passive investor?” Travis Watts answers this listener question by sharing four mistakes he made starting out as a passive investor that you can learn from: Location, location, location: You cannot overcome a bad area with good management. Understand that management is key. Make sure you understand the underwriting. Don’t do a deal just for tax reasons or because you see a lucrative fee split structure. Want a more in-depth look at how to vet a team, a market, or a deal? Then check out our three part mini-series starting with episode JF2396: Passive Investing Strategies | Actively Passive Investing Show With Theo Hicks & Travis Watts. Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
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