New To Real Estate Investing
1 Reply
Jose A. Gonzalez
Accountant from Miami, FL
posted 12 months ago
Hello everyone! My name’s Jose and I’m basically new to the real estate investing world. I’m starting educating myself by reading books, watching videos, blogs, articles, etc. Sometimes I get scared because investing in real estate sounds like a huge investment due to the fact that we’re talking about a considerable amount of money. Did that happen to anyone else while starting out? How did you get pass the fear of putting (for example) $20,000 down and being $80,000 on debt?
Thanks!
Howard Herrington
Real Estate Agent from North Smithfield, RI
replied 12 months ago
Welcome to BP @Jose A. Gonzalez . It is extremely normal to be a little scared in the beginning. Buying into Real Estate is probably going to be the biggest transaction of your life and it certainly poses risk. However there is a great motto that I believe everyone should live by and that is "No Risk, No Reward". I believe you just have to jump off of the cliff and dive in or you will never know. Keep educating yourself and you will do well.