Noob from Spartanburg, South Carolina

Noob from Spartanburg, South Carolina

Real Estate Investor · Spartanburg, SC · Member since 2013 · 62 posts · 22 votes

Hello everyone! I'm a long time podcast listener and just joined the site and went straight for Pro!

My name is Dan Holden and I'm originally from a small village called Phoenix in NY. Been living in SC for about 18 years. I currently build actuators for the medical field and I actually enjoy doing it too.

I came across BiggerPockets by accident really while my Dad was in the hospital recovering from having his right hip replaced. I downloaded all the podcasts up to that point and listen to them everyday while I'm at work. Todays the first day I've actually gotten to see the site with a computer and not on my phone. I have to say, I am impressed.

My goal is to be able to live off of a passive cash flow one day. I'm in no rush. I realize that this will not happen overnight. Despite what the Rich Dad seminar I paid way to much for said. I do like to do a lot of reading and research and seem to have "Analysis Paralysis". And people tend to tell me that I ask too many questions but I'm sorry, if I don't understand I will question you about the subject matter until I do.

I would love to hear from everyone on here. I'm always open to new ideas and suggestions. I do not, repeat DO NOT, want to be one of the ones that come on here and then disappear. I want to get into this and stay. I have this weird feeling that this is where I belong.

Thanks for reading!

Dan

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  • Investor · Wichita Falls, TX · Member since 2010 · 3k+ posts · 603 votes
    12y

    Welcome to BiggerPockets @Dan Holden, thanks for taking the time to introduce yourself. I can't tell you how many people I meet on this new member forum that I never see again. I'm going to hold you to your word on not being one of the people who just disappear!

    I'm a buy & hold investor looking to build passive income as well. Analysis Paralysis was definitely there for me in the beginning, but eventually you'll have to make the decision to take action. You'll never know anything you need to learn, but you can learn on the way. Having proven models in place like the 2% rule, 50% rule, 70% rule etc, made it so much easier for me feel comfortable jumping.

    There is also the Deal Analysis sub-forum where you can post the details of a prospective deal you're looking at. People will weigh in on it. That definitely helped me feel confident moving forward!

    Hope to watch you grow as an investor Dan!

  • Real Estate Investor · Spartanburg, SC · Member since 2013 · 62 posts · 22 votes
    12y

    @Mehran K. , Thank you for the welcome. Sorry it took me a bit to get back on here. Did you think I disappeared already? lol

    Yeah, upon listening to even more of the podcasts (and gratz to you and your visit to the podcasts) I'm thinking about switching gears. I was all gung-ho about doing wholesales thinking that would be a good place to get my feet wet but now I'm thinking about flipping. AHH! It's that Analysis sneaking up on me again.

    I'm definitely going to try to puruse the site a bit more and see what I can find that other people are saying. The jumping out there and doing it, I can see where that would be a bit scary as I'm not too sure of it yet myself but I also find myself to be very excited about it as well. I just need to figure out how to get the excitement to overpower the paranoia.

  • Investor · Wichita Falls, TX · Member since 2010 · 3k+ posts · 603 votes
    12y

    Stick around the site, engage in conversations, and take your self education seriously by reading/investing in some REI Books. The more knowledge you have, the more confident you'll be (hopefully! lol) in the steps you take.

    There is a high probability that there are tons of investors out there that are not as sharp as you, making a killing in REI. Put your time in, take it seriously, and reap the rewards. Nothing ventured, nothing gained!

  • Brandon TurnerPro Member
    Investor · Maui, HI · Member since 2009 · 13k+ posts · 3k+ votes
    12y

    Hey @Dan Holden welcome to the site! First of all - your photo is AWESOME! Nicely done :) Second -thanks for going PRO right off the bat. Honestly - You Rock. @Joshua D. will be proud!

    Second - thanks for listening to the Podcasts and jumping in here on the forums. Honestly, this is the best way to overcome analysis paralysis - by engaging. the more you talk about it, the more confident you'l be to move forward!

    Let me know if you have any questions as you get going. Be sure to set up those Keyword Alerts for topics you are interested in (and "South Carolina" ) which will help you stay active and moving forward.

    Finally, be sure to check out The Ultimate Beginner's Guide to Real Estate Investing if you haven't yet!

  • Joshua D.Pro Member
    BiggerPockets Founder · HI · Member since 2008 · 16k+ posts · 5k+ votes
    12y

    We're really happy to have you here . . . thanks for listening and for taking the plunge by getting active on the site. See you around.

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