Inspirtation Please. Feeling late in the Game

[Jacklyn P.]

Hello. I feel like I am late in the game and felt beating myself up. I heard about real estate investing back in 2007 but I thought it is not for me. A month ago, I helped a friend who is a landlord do her book keeping and it opened my eyes to the gains and benefits of real estate investing. Now I am actively educating myself, networking and looking for deals. I know it is hard work and I am not afraid of work. I just wished I started real estate investing years ago instead of squandering money. I am in my mid 40s and I am motivated but can someone please provide some inspiration? I felt a bit discouraged because the houses that were going for $6,000 (needs rehab) in my area just 2 years ago are now going for $25,000. Anyone out there started in their mid40s?

[Brit F.]

@Jacklyn P., sounds like you're feeling a mix of regret and uncertainty or fear.

Will you allow those emotions hold you back?  

Do you want to repeat what happened in 2007?

What can you do today to take control?

Here are some ideas that cost nothing:

• Listen to all Bigger Pockets Podcasts (in the car, waiting in line for something, out walking, ...everywhere)
• Read through all Bigger Pockets Guides
• Surf the forums and read topics that interest you, researching what you don't understand.

Lastly, the increase in home prices you highlight is a good indicator for your market.  However, buying and fixing homes is just one of many different ways to invest in real-estate.  The above mentioned methods will introduce you to more.