In today’s episode of The Wealth Blueprint, Palak gives advice to first-time real estate investors. She highlights five types of things or properties to avoid in the first real estate investment to minimize risk.

Join us on this episode and learn what to do to diminish risk as a beginner in real estate investment.

“For an investor to succeed at this game, in the beginning, you want to acquire a deal that is not going to make your investment game difficult at the get-go.” – Palak

Disclaimer: If you are already in this industry, this advice may not apply to you. Also, avoiding the 5 things listed in this episode will not eliminate all the risks involved in real estate investing.

In This Episode:

- 0:20 Introduction

- 2:25 Extensive Fire Damage

- 3:24 Major Structural Issues

- 4:00 Mold

- 4:28 Legal Issues

- 6:07 Occupied Properties

- 9:10 Join the Open Spaces Community

Resources:

- Get a copy of Accelerate Your Real Estate - https://a.co/d/bdW6j7K

- Book a call - http://www.openspaceswomen.com/bookacall

- FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day

Connect with Palak and Niti

- Website: https://www.openspaceswomen.com/

- Instagram: https://www.instagram.com/openspaceswomen/

- Facebook: https://www.facebook.com/openspaceswomen

- Twitter: https://twitter.com/openspaceswomen

- LinkedIn: https://www.linkedin.com/company/openspacescapital/

- YouTube: https://youtube.com/@openspaces1251

- TikTok: https://www.tiktok.com/@openspacesacademy