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Updated 7 months ago on . Most recent reply

User Stats

22
Posts
13
Votes
Nicholas Ramirez
  • Inland Empire, CA
13
Votes |
22
Posts

Avoiding Analysis Paralysis

Nicholas Ramirez
  • Inland Empire, CA
Posted

What is your best response to combat analysis paralysis?    

  • Nicholas Ramirez
  • Most Popular Reply

    User Stats

    723
    Posts
    464
    Votes
    Michael Carbonare
    • Investor
    • Fort Lauderdale, FL
    464
    Votes |
    723
    Posts
    Michael Carbonare
    • Investor
    • Fort Lauderdale, FL
    Replied

    Paralysis of Analysis, a virus worse than Covid, infects just about every n00b who is trying to get started in real estate.  It's the I want to know everything before I do anything syndrome.  I suffered through this for 3 years before recognizing I had a problem.  That was 30 years ago.  If I was starting out today I imagine it would be much worse, the result of (mis)information that is so prevalent and readily available on social media.  Before you know, 3 months of "studying" becomes 1 year, which becomes 3 years, and on and on.  
    Don't be like Mike.  Best advice I can offer:  settle on ONE strategy, just one.  A strategy that fits your current financial situation and your financial mindset and goals.  Then, block out all the noise and BS that is Facebook, Instagram, YouTube, and god help us, TikTok.  This will clear your mind and slow down the process which, ironically, will speed up your progress.  Best wishes!

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