I keep talking myself out of it...
I just can't take the plunge. I look at deals every day, it has become a hobby. But every single deal I look at I seem to find a question mark that makes me shy away. Am I making it harder than it really is? I have the funds, an understanding of how to underwrite each deal and the desire to get this thing started, but i always feel like the sellers are hiding some giant cost that I have overlooked! It probably sounds ridiculous, it feels ridiculous. What kind of self doubts did you all deal with leading up to your first investment properties? What helped you jump in? I'm here to learn, drop some knowledge!
Most Popular Reply
The rich act in spite of fear while others allow fear to stop them. The best way to learn this is by doing it. You will make mistakes and the deal will not be perfect, the only question is, will you battle through it, learn from your mistakes and push forward not repeating the same mistakes.
I have been doing this for over a decade and I still make mistakes (though I would never admit that to my wife, I like to keep her thinking I'm perfect).