This is the Worst Real Estate Investment You Can Possibly Make | Mikey Taylor E281

Send us a text Want to avoid one of the worst real estate mistakes you could make? In this episode, Rich Somers and Mikey Taylor on “Life with Mikey” dive deep into the biggest real estate blunders that could cost you big time. Mikey shares his journey, from navigating the complexities of high-stakes deals to realizing the importance of location and timing. They break down the risks of overpaying in a hot market and why many investors, including top players, are finding themselves underwater due to aggressive strategies. Mikey explains how he shifted his approach to focus on value-add opportunities and buying underperforming assets at a discount, positioning himself for long-term success. Learn the critical steps Mikey took to protect his investments and build wealth in a volatile market—plus, why having the right mindset and understanding the market fundamentals can set you up for success, even when things aren’t going your way. . Mastermind Hotel Ad  -- Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest. Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com. If you"re committed to scaling your personal brand and achieving 7-figure success, it"s time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth. Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.