@Jonathan Giglio I appreciate your position, starting from 0 full of ambition and fire, to than run head first into the brick wall of "breaking in" on actually investing vs perpetually planning how too.
The motivation matters, one does need to have persistence and hope, but all the motivation in the world will gain you exactly 0 properties, or progress forward, proof of such, go to any number of REIA meetings and ask around as what you will find is the vast majority "getting ready" with a minute fraction actually doing REI in any form or fashion. This is because a person needs to have a game plan, than work that plan.
Think of it this way, if the New England Patriots spent every week doing motivational seminars, self-affirmation, positive thinking, how do you think Sundays game would go? Just a bunch of highly motivated persons running around like turkeys with their head's cut off. It would be an epic failure, consistently. My coach always said the game is won or lost m-f and Sunday was just results day. A person MUST have a focused, refined, on-point game plan that is approached with focus, motivation and persistent effort.
What I read is your focusing on the motivation, and going at it without any game plan of your own. Instead asking others, others at a completely different level than yourself. They are giving you the advice they are taking themselves, because they are in a place that can afford that advice, that dosn't sound like it's your same place.
Let me ask you this, if you had $17 in your pocket, and that is literally the entirety of money you have in the world, no home, no car, no job, all the belongings you had in the universe is what's on your back or that can be packed in a duffle bag, what would you be doing right now? Would you pursue REI? How would you, EXACTLY, how would you do it? What would you do? Because here is the brutal honest truth of it, THATS exactly what it takes to break thru from 0.
If you had $17 and the clothes on your back, I am willing to bet it wouldn't matter 1 drop what anyone said of how it "can't" be done, because failure is NOT an option at that point, the next meal depends on it, where you next lay your head depends on it, because you MUST find, make or build a way to how it can and does work. See, this is where your going wrong, your coming at it from a point of convenience, a hobbyist, half heartedly going at it but being stopped or not succeeding is ok, it sucks but "oh well, at least I got___". NO! You need to have more than just motivation, it needs to be frenzied, obsessive near psychotic focus to make things happen. Only when you have that level of posessed conviction will your focus correctly realign so when you hit a wall, you'll figure out a way thru, over, around or if you have to under digging with a spork if need be.
See, here is the deal with "making it" in REI, very rarely does a person break-thru by simply walking through the steps as outlined in a book, that's the truth of it. Yes, much may apply, but a person APPLIES that knowledge, system, to their own unique self, own unique market, in own unique way. It's called finding the opportunity. They all say it's a horrible time to buy, all I hear is "oh man, if you could become a pro at finding good deals, holly cow we will all fight to buy your deals" THATS a market opportunity. They say there is too much turmoil and fear going on, I hear "it's time to find the deals as fear is driving opportunity".
You need to find out who you are, what your talents are, how you want to fit in, than start solving problems. The definition of Real Estate Investor should be PROBLEM SOLVER because very literally that is what we all, buying an estate deal as-is, your solving a problem for the family. Turn it into a rental, your solving a problem for the tenants. Renovating to flip selling retail, solving a problem for the end buyer/user. Digging up deals and wholesaling them, now your solving problems for your seller and buyer. Sitting on a mountain of cash and lending hard money, your solving investor problems. Every strategy is always 100% of the time solving problems. So, your telling me there is no problems to solve right now, today, this week? Nobody's got any real estate problems?
Make yourself a problem solver, than get out and start solving them, it's honestly as simple as that.
