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All Forum Posts by: Dennis Ranck

Dennis Ranck has started 2 posts and replied 4 times.

Post: Managing FOMO for a new Real Estate Investor

Dennis RanckPosted
  • Portland, OR.
  • Posts 4
  • Votes 3

Thanks @Skylar Simpson for the response. I think that's the right mindset that their are plenty of deals out there, I'll just need to remind myself of this often. The mentor idea is also a good idea and I'll be pursuing that too. 

Post: Managing FOMO for a new Real Estate Investor

Dennis RanckPosted
  • Portland, OR.
  • Posts 4
  • Votes 3

As I begin this journey I know one of the things I'll struggle with is FOMO and feeling I'm missing out on a deal. Being an accountant I can usually keep my FOMO in check by looking at the numbers of a deal, but at times the FOMO still is there.

What are some other ways you all to deal with FOMO? Do you wait a set amount of time before moving on a deal? Do you send it off to a friend? 

Any tips on how you manage FOMO would be much appreciated! Also, any stories on how patience paid off for you would be great. 

Thanks!

Dennis

Post: My first forum post!

Dennis RanckPosted
  • Portland, OR.
  • Posts 4
  • Votes 3

Hey Everyone!

Just wanted to say hello! I started on the BiggerPockets Podcast and now I've finally signed up for an online account.

I am currently located in Portland, OR. but I'm exploring relocating to several areas across the US and looking into Memphis specifically. My goal in the next year is to have an owner occupied Multi-Family and start down the journey of Real Estate Investing. 

Excited to start exploring this vast wealth of knowledge and get to know members in the community. 

Portland and Memphis people, feel free to connect and say hello!

Dennis

Caleb this was a great post to read, thanks for sharing. I started on BP podcast a few months back and now finally took a quick tip and joined online. Happy to see that it is worth the join from your post. 

I've been looking into Memphis extensively as myself and my girlfriend would be able to relocate there and not affect our careers. I've read a lot of doom and gloom regarding Memphis recently, so it's nice to read from someone who is accomplishing something similar to the goals I have. 

Cheers!