Unprepared new real estate investors will face significant financial losses in the current market due to high interest rates, taxes, and insurance if they lack sufficient cash flow or reserves.
"this new market with the interest rates and the taxes and the insurance all being higher it will eat your lunch if you are not prepared and if you're a new in investor who doesn't have other cash flowing properties helping to carry your portfolio or you're not sitting on cash reserves that you can use to fund your portfolio when you miss one of these uh expenses then you're going to find yourself in a world to hurt"
