Newbie from Austin, Texas - looking for advice!

[Joshua Noth]

Hello and happy New Years BP! My name is Joshua, I am a recent graduate from Texas A&M, currently located in Austin, Texas, and am happily joining the world of REI! I became a Realtor last year and have been listening to the BP podcasts like crazy, trying to learn anything and everything I can to maximize my success. Obviously I'm still fresh in the game, so I'm considering all my options in terms of investing, but I had a question for all you reading:

If you had to give a one-sentence piece of advice about REI, what would it be? (Obviously, feel free to expand upon it further, just curious to see what quick advice you all have!) Even if it's something you think is obvious or has been said before, I'm always happy to hear it again!

I appreciate your advice in advance, and I look forward to connecting with all of you!

[Jacob Pereira]

It's been said many times before, but I'll say it again: don't be stuck in analysis paralysis; if you think a deal is decent, go for it! (I hope the semicolon wasn't cheating the one sentence thing).

Basically right now in Austin it's not so much about whether you'll lose your investment money by going for a poor deal, it's whether you could've made MORE by investing it elsewhere. As a newbie you can expect to make mistakes (check out my first ever BP post for an example of making bad mistakes), but consider that tuition for your real estate education. Understand that I'm not saying that you should just blindly overpay for a fancy downtown condo or throw all your cash into a burned out building that you have no idea how to restore, but realize that this industry is very forgiving to people who are willing to put in the time to solve problems. Once you're in, I promise you that you'll have wished you got in sooner.