Beginner Series - Learning From The Scouts

On today’s show we are doing another in our monthly beginner series. The real estate espresso podcast is unlike other podcasts in that most others are focused on a more entry level audience.

Our listeners are sophisticated. Many of you own large portfolios of apartments. But you also have people in your life who are interested in learning more, but maybe don’t have access to high quality information. The idea of sending your spouse to a $199 weekend bootcamp for beginners where they are going to be abused by sleazy sales people sounds unthinkable. So where do they go. Look no further. We are going to dedicate a couple of shows a month to topics that will accelerate the learning for less experienced investors, and might give the most sophisticated investors a new way of explaining a concept that is otherwise complex to describe.

On today’s show we are talking about where to buy properties. When investors are just starting out, one of the constraints is usually access to capital. They want to get in a deal so badly that they will invest in the wrong deal, because that’s all they can afford. They don’t have the capital to buy what they really want, so they buy what’s cheap.

As Benjamin Franklin wisely said, The bitterness of poor quality remains long after the sweetness of low price is forgotten. It’s tempting to think that an inexpensive property is a better deal. After all, the ratio of rent to purchase price is better than a more expensive property.

We’re talking about what we can learn from the Boy Scouts and Girl Scouts when it comes to real estate.

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**Real Estate Espresso Podcast:**
Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)
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LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)
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