Most investors don't have an analysis problem. They have a decision problem.

[Todd Henderson]

Something I've noticed in these forums. Incredibly detailed spreadsheets. Every scenario modeled. Stress-tested six ways to Sunday. And never buying anything.

Analysis paralysis is real and I think the BP community accidentally makes it worse sometimes. We're so good at teaching analysis that we've created investors who can tear apart a deal but can't pull the trigger.

There is no perfect deal. Every property has something wrong with it. The question isn't "is this perfect?" It's "do the numbers work with reasonable assumptions and can I handle the downside if I'm wrong?"

My first rental had a roof that needed replacing within 2 years. Knew it going in. Negotiated accordingly. Still one of my best performers.

If you've analyzed 20+ deals without making an offer, the spreadsheet isn't the problem.

Anyone else had to push past this?

[Bruce Woodruff]

Yep, we see this all the time on the Forums....Agonizing over every detail, but never pulling the trigger. 

I never had this problem, always jumping in head first without doing enough homework and having to make it work. Kinda like painting yourself in a corner and then figuring a way out. Maybe not the smartest way to do a RE deal, but effective none-the-less....

Of course I will admit that once in a while you will lose money on a deal, Lol...part of doing business. The people that wait for the 'perfect deal' are losing money by not pulling the trigger while the market and interest rates goes up and down, and deals come and go.

I always liked the old saying - "Money is a renewable resource, Time is not".....