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Updated over 5 years ago on . Most recent reply

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29
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Collyn Bennett
  • Specialist
  • Indianapolis, IN
9
Votes |
29
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First deal, just jump in and get feet wet or hold out?

Collyn Bennett
  • Specialist
  • Indianapolis, IN
Posted

Hello BiggerPockets! I'm glad to be here! I have known for a long time that I wanted to get into real estate investing. Due to some exposure to some incredible resources, like BiggerPockets, I now know I can get started without already having millions in the bank.

So here I am looking for my first deal around the Indianapolis area. I don't have a great stream of potential deals coming my way because I'm just starting out, so I feel like the really phenomenal deals aren't as available as they might be down the road. Should I just find something that'll work to get my feet wet or keep digging to try to uncover a great deal?

Most Popular Reply

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2,982
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Nicole Heasley Beitenman#5 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
2,445
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2,982
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Nicole Heasley Beitenman#5 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
Replied

Remember, the perfect deal does not exist. The slam dunk, I-made-$100k-on-my-first-deal stories are the exception, not the norm. Don't pass up on a chance to make $15k because you're afraid the next deal might make you $17k.

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