New Investor in Nashville

[Jatin Shah]

Hey all, just found BiggerPockets and I'm excited to network with some of you.   I'm a tax attorney doing real estate for the last few years.  I know just enough to be dangerous.  Ha. I'm very eager and motivated to make a purchase.  But like many of you, just can't pull the trigger.  However, I'm a big believer that real estate is the way to go for long term security so one day I'll jump into the deep end. 

The market here is getting pretty hot right now.  Nashville is growing and the city is planning on tremendous growth for the next 20 years.  Demand is through the roof!! Hope you all have a nice weekend!

[Steve Chaisson]

@Jatin Shah

Welcome to BP.

Most good tax attorneys are analytical and risk averse. It's best to overcome those tendencies with preparation through studying comparable values and the developing a model that fits your goals. When a property comes around that fits the model, you jump.

The market in the Nashville are is crazy right now, and I would caution you to avoid the bandwagon syndrome I see with many buyers. Wait for something that works for your model and what you understand. With time and experience, what you now feel as hesitation will become patience, which is a sound quality for most investors.