Michelle Byers-Robson

I didn't really feel comfortable in the stocks and bonds and that sort of investing, but my family had done a lot in real estate. So I actually did my first real estate transaction at the grand old age of 24 years old and started getting into it in California. thankfully for me, at a great time for flipping properties. And so I learned a tremendous amount about what to do, what not to do.

And again, like I said before, I survived it and learned from that and found some pretty incredible professionals to work with that taught me a lot that I now feel the need to share with others. And just some things that you can learn by not stepping on the landmines if someone tells you where they are.

And again, like I said before, I survived it and learned from that and found some pretty incredible professionals to work with that taught me a lot that I now feel the need to share with others. And just some things that you can learn by not stepping on the landmines if someone tells you where they are.

And again, like I said before, I survived it and learned from that and found some pretty incredible professionals to work with that taught me a lot that I now feel the need to share with others. And just some things that you can learn by not stepping on the landmines if someone tells you where they are.

Awesome question. And yes, real estate is, just like any major investment, it's scary. And one of the biggest differences, Scott, about real estate investing versus stocks and bonds is that usually in stocks and bonds, you aren't going in all in at $500,000 in one stock, right?

Awesome question. And yes, real estate is, just like any major investment, it's scary. And one of the biggest differences, Scott, about real estate investing versus stocks and bonds is that usually in stocks and bonds, you aren't going in all in at $500,000 in one stock, right?

Awesome question. And yes, real estate is, just like any major investment, it's scary. And one of the biggest differences, Scott, about real estate investing versus stocks and bonds is that usually in stocks and bonds, you aren't going in all in at $500,000 in one stock, right?

Whereas in a real estate investment, you are going in $400,000, $500,000, $600,000 in one thing, and you're putting all your eggs in one basket. One of the things that I learned very early on was, especially in real estate investing, two things. One, run it like a business. Don't get emotional. Run it like a business. Be smart. Number two, know you're out before you go in. Do your homework.

Whereas in a real estate investment, you are going in $400,000, $500,000, $600,000 in one thing, and you're putting all your eggs in one basket. One of the things that I learned very early on was, especially in real estate investing, two things. One, run it like a business. Don't get emotional. Run it like a business. Be smart. Number two, know you're out before you go in. Do your homework.

Whereas in a real estate investment, you are going in $400,000, $500,000, $600,000 in one thing, and you're putting all your eggs in one basket. One of the things that I learned very early on was, especially in real estate investing, two things. One, run it like a business. Don't get emotional. Run it like a business. Be smart. Number two, know you're out before you go in. Do your homework.

Make your projections. Come up with your plan for managing your business or your investment and then work that plan. Don't get greedy. Don't get ahead of yourself. know you're out before you go in.

Make your projections. Come up with your plan for managing your business or your investment and then work that plan. Don't get greedy. Don't get ahead of yourself. know you're out before you go in.

Make your projections. Come up with your plan for managing your business or your investment and then work that plan. Don't get greedy. Don't get ahead of yourself. know you're out before you go in.

And that is really important, especially today when you start looking at interest rates that are going up or the market that's fluctuating, is that if you keep your eyes on that original projection, was your original projection to be in to do a flip and to be in in less than five years? Well, that's a very different projection than

And that is really important, especially today when you start looking at interest rates that are going up or the market that's fluctuating, is that if you keep your eyes on that original projection, was your original projection to be in to do a flip and to be in in less than five years? Well, that's a very different projection than

And that is really important, especially today when you start looking at interest rates that are going up or the market that's fluctuating, is that if you keep your eyes on that original projection, was your original projection to be in to do a flip and to be in in less than five years? Well, that's a very different projection than

than if my goal is to hold on to this property as a short-term or long-term rental for 30 years. Very different emotional on that, but you have to know you're out before you go in. And then I think number three is continuously do your homework, read the market, know sometimes, hey, this isn't going the way I thought it was going to go. What do I need to change? And do I need to get out?

than if my goal is to hold on to this property as a short-term or long-term rental for 30 years. Very different emotional on that, but you have to know you're out before you go in. And then I think number three is continuously do your homework, read the market, know sometimes, hey, this isn't going the way I thought it was going to go. What do I need to change? And do I need to get out?

than if my goal is to hold on to this property as a short-term or long-term rental for 30 years. Very different emotional on that, but you have to know you're out before you go in. And then I think number three is continuously do your homework, read the market, know sometimes, hey, this isn't going the way I thought it was going to go. What do I need to change? And do I need to get out?

It's really important to keep your eye on it the whole time and not just assume that just because it worked yesterday, it's gonna work today.