122: 5 Myths Holding Investors Back From Real Estate Greatness with Chris Clothier

<p>On this episode of the&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank">BiggerPockets Podcast</a>, we’re talking about myths. No, not about Sasquatch, elves, or the abominable snowman. We’re talking about real estate myths that might be holding YOU back from greatness! We’re excited to bring back&nbsp;Chris Clothier, a seasoned investor and business owner who shares stories from his own experiences to help you achieve new levels of success. Don’t miss one second of this incredibly powerful and actionable podcast!</p><p>In This Episode We Cover:</p><ul><li>Who is&nbsp;Chris Clothier?</li><li>What&nbsp;got him into real estate?</li><li>Getting to the&nbsp;top 50 Home Buyers</li><li>Five Real Estate Investment Myths</li><li>Myth 1:&nbsp;Don’t work with family</li><li>Myth 2:&nbsp;Past performance&nbsp;is a reliable predictor for future investments</li><li>Myth 3: Investing in real estate is a&nbsp;big time sink</li><li>Myth 4:&nbsp;You should&nbsp;only invest locally</li><li>Myth 5:&nbsp;You should&nbsp;avoid risk at all cost</li><li>Five specific scenarios&nbsp;that are risky and how Chris would handle them</li><li>Learn an&nbsp;amazing tip&nbsp;when closing a deal!</li><li>How&nbsp;not to get ripped off&nbsp;by a property management company</li><li>And SO much more!</li></ul><p>Links from the Show</p><ul><li>BP Podcast 026:&nbsp;<a href="https://www.biggerpockets.com/blog/2013/07/11/bp-podcast-real-estate-business-scalable-clothier/" target="_blank">Building a Scalable Real Estate Business and Tenant Management Tips with Chris Clothier</a></li><li><a href="http://www.realtytrac.com/" target="_blank">RealtyTrac</a></li><li>BP Podcast 005:&nbsp;<a href="https://www.biggerpockets.com/blog/2013/02/14/financial-planning-death-podcast/" target="_blank">Dealing with Death – A Financial Discussion with CFP Neal Frankle</a></li><li><a href="https://www.biggerpockets.com/blog/2014/03/12/questions-for-hiring-property-management/" target="_blank">20 Questions To Ask Before Hiring Rental Propert