on Wednesday, they sounded off on property flipping, high borrowing costs, the worst mistakes that aspiring investors make, the housing content on TikTok, and where the next big market will be.
"They get in over their heads because they've been watching those TikTok videos," he cautioned. "They're seeing this content that's telling them, 'You can do this.' And then they spend in the worst way. They're not organized."Indeed, not being organized is one of the biggest mistakes new real estate investors make, Jonathan said, noting that they often try to be their own general contractor and run their own projects.
The Motor City was one of the hardest-hit markets during the last housing crash as the Great Financial Crisis and recession forced auto giants Inside Bill Gates' real estate portfolio, from a Seattle mansion to houses at some of the US's most exclusive clubs Chris Pratt and Katherine Schwarzenegger demolished a 1950s LA architectural gem they bought for $12.5 million, reports sayAn agent explains the new fees homebuyers would pay after the real estate settlement — and why he's not worried about losing his guaranteed commission