When it comes to real estate investing for beginners and experts alike, the cost associated with buying and selling real estate is serious. A lot of people underestimate it. They think that you can buy an asset for X, sell it for Y, and in turn make a lot of money. What they don’t factor in are the people and entities that surround each deal, not to mention the time that must be invested in a property deal which can be anywhere from 6-12 months. This includes vetting brokers, preparing memorandums, reports, tax returns, property tax information, maintenance records, soliciting bids, and contracts. So again, real estate is not a liquid asset. I talk about this more in episode 3, but because of the feast and famine nature of the business, sponsors like me can go hungry for a long time, because if we’re not actively buying and selling, we’re not making a lot of money.   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Join me, Barrett, and Simon for a workshop on how to get found on Google with SEO. We’re going to cover the basics of link building and why it matters for growing SMB and RE businesses. Click here to register: ?? https://lu.ma/v9z53gxb   Check the show notes here: https://sweatystartup.com/the-sweaty-startup/   Special thanks to our sponsor RE Cost Seg! Cost Segregation is a powerful tool for real estate owners to save money on taxes. It increases your cash flow by reducing your taxable income. Get your free proposal here: https://www.recostseg.com   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   Join our Real Estate community: https://sweatystartup.com/rec We have a reddit community: https://www.reddit.com/r/sweatystartup/   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: Business Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/