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Updated almost 3 years ago on . Most recent reply
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Defying doubt - any advice?
Good morning BP community!
I have had one heck of a busy few months. I designed a company, filed for the LLC, drafted the business plans and charter/operating agreement, and put an offer on an off-market deal.... It just got accepted and I am not being thrust into this world at a much faster pace that I expected. I am buying a waterfront condo (with a deeded boat slip I can rent) that I intend to airbnb/short-term and all the analysis seems to indicate I will do well. Worst case scenario is I have to long-term rent (will still cashflow, just not as much).
My question to you guys: Do you have any coping mechanisms for combatting doubt? I think I have all of my analysis and such worked out, but man, actually pulling the trigger is a bit scary. I'm going through with it, and my family supports me, but i'd like to hear from some veterens how they managed this.
Thanks!
-Ron