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Real estate investing is not a get-rich-quick scheme as some investors would think. Just like any other business, it requires patience, hard work and dedication in order to succeed. Mistakes are made when investors simply want to get rich quickly and fail to address the importance of sufficient training, research and knowledge in real estate investing. While these mistakes are common, there is a way to avoid them and still effectively make money as an investor. Here are some of the most common mistakes that new real estate investors make. Let these mistakes guide and teach you to become a better investor and ultimately build wealth the right way.