When should I really make my first move?

[Cody Smith]

Hello BP community! I’ve come to seek some advice. I am very new to RE investing, and just starting to build my knowledge base and plan to move forward. I have begun this journey with extreme motivation, and I believe my “reasons why” for pursuing this are very strong. But, the question I am now asking myself is, when is it actually a good time for me to begin with my first deal? I know the general idea for beginning to invest is to just jump right in, and I am completely ok with doing that, but am I really ready? I have only purchased one property, the one I currently live in, and my investment and landlording knowledge is very weak. I understand the avoidance of “analysis paralysis” but what about the opposite end of the spectrum, where you jump into something without enough knowledge? At what knowledge level would you really feel comfortable, or actually be considered “ready” to begin? I know that time can’t actually be measured and determined, but what can I do to ensure I am making smart moves? Thanks! -Cody Smith