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Updated almost 3 years ago on . Most recent reply

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Edwin M. Cotto
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Overwhelmed? Me too.

Edwin M. Cotto
Posted

Hi. After 14 years in the medical field I am venturing into real estate investing. I read Rich Dad Poor Dad and How to Invest in Real Estate (still reading this one) from BiggerPockets. Frankly, I am totally overwhelmed with all the information to the point that I don't even know where to begin, except for reading and researching of course (but that's what's overwhelming me lol). So, I was wondering if there are others who also feel this way, and also if those who have experience can share some tips for me that might help settle this feeling. Thanks!

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Bob S.
  • Real Estate Consultant
  • Cleveland
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Bob S.
  • Real Estate Consultant
  • Cleveland
Replied
Quote from @Edwin M. Cotto:

Hi. After 14 years in the medical field I am venturing into real estate investing. I read Rich Dad Poor Dad and How to Invest in Real Estate (still reading this one) from BiggerPockets. Frankly, I am totally overwhelmed with all the information to the point that I don't even know where to begin, except for reading and researching of course (but that's what's overwhelming me lol). So, I was wondering if there are others who also feel this way, and also if those who have experience can share some tips for me that might help settle this feeling. Thanks!

 You are spending (wasting ) to much time reading vs doing. Simple, connect with someone doing deals, learn then apply what you learn and go on your own. It is not rocket science. Or if wanting rentals, connect with those that provide properties with PM in place, allow them to handle, Keep it simple

Good luck

PS I have never read a RE book, or been to any seminar or webcast and have done about 500 deals in my market, own a PM co, and have purchased properties through all sources. Tax lien sales, sheriffs auction, short sale, and more Simply learned as I go. ,  

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