Getting the first deal

3 Replies

Ready to get started one investing career, but that first step seems to be hardest to get over. Any creative ideas how to go about this issue. Looking for any and all help available to get the ball rolling.

Hey @Jose Aguilar , congrats on making the decision to get started because honestly, that's the first step. 

So, the "first step" you are referring to is getting that first deal, yeah? Well, I would say the biggest obstacle here is yourself. It's all about mindset and if you just bundle "getting that first deal" into one massive step, it will seem like an insurmountable task to even "get started." A better way to look at it would be to break down getting your first deal into a bunch of smaller steps (financing, team building, deal analysis, offers, due diligence, etc.) Break it down and just take these steps one at a time so that you can see yourself making progress. This will create a path for you to follow rather than a huge wall to climb over. 

Hope this helps a bit! Please, feel free to reach out anytime if you have other questions or just want to chat!

To add onto the above - 'first step' is absolutely subjective. If you're not sure where you start, then you probably need to ensure you've got your basics covered. Have you joined or attended local investor meet-ups virtually or via social media groups on Facebook? Have you acquired references for financing as well as adding your first team member, a realtor?
If not - these are all easier spots to move forward in without making the first BIG decision. Building your market knowledge base and hearing from local professionals in your market will do you a world of good and help bolster your confidence.

Best of luck to you!!

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