If you are a new real estate investor, these are the three huge mistakes you need to avoid to keep your business profitable. 3 Big Mistakes New Real Estate Investors Make (and How to Avoid Them) Check out the three biggest mistakes new investors make: Paying too much Failing to have a great team in place Buying in the wrong location Here’s a closer look at each. New REI Mistake #1: Paying Too Much Overpaying for an investment property is the single biggest mistake you can make because it cuts into your profits. When you purchase an investment property, you