The most important thing you need to remember about investing... or just making money in general... is that it's not about what you make, it's about what you keep.

And with that in mind, here are the most expensive mistakes you can make when investing in real estate.

1) Investing in the wrong people. This could be your partner, your employee(s), your property management team, your operators, etc.

2) Cutting corners. There are a lot of ways, tempting ways, to cut corners and save profit. But more often than not, you're creating a headache for your future self.

3) Location. Location, location, location. You can fix a property, but you can't fix a neighborhood.

Let's dive deeper into each of these on this week's episode of Multifamily Investing Made Simple.

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