Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

11
Posts
5
Votes
Chris Kohlmeir
  • Memphis, TN
5
Votes |
11
Posts

Defining the line between "Analysis Paralysis" and "Beginner Edu"

Chris Kohlmeir
  • Memphis, TN
Posted

Hello Everyone,

Bottom line up front:
What advice do you have in regards to determining when you "know enough" to get started?

I like to think that I am a pretty thorough person by nature. I have always been a curious problem solver and tend to apply a methodical, fact-based approach to my endeavors. Based on the MBTI, I am an xNTJ (VERY slightly introvert leaning), if that helps provide context about me for anyone. I am the kind of guy that will read every available review, spec, statistic,  and comparison on anything that I buy or do before prior to execution.

I keep reading and hearing podcasts that advocate avoiding the "analysis paralysis."

I don't know what I don't know until I know it! No different than anyone else. However, being aware of how I operate--especially when finance is involved--I am paranoid that I may go overboard on the education/discovery phase of my journey.

There are a lot of smart people on here who may have been in my shoes at some point in time.

Whatever the feedback, I sincerely appreciate any advice you are willing to provide.

Thanks,

Chris K

Most Popular Reply

User Stats

429
Posts
393
Votes
Chris Coleman
  • Rental Property Investor
  • Washington, DC
393
Votes |
429
Posts
Chris Coleman
  • Rental Property Investor
  • Washington, DC
Replied

I remember when I got to the point that just about every time I read a new article, blog, write up, or listened to a podcast, or a YouTube video, I started to already know what they were going to say (most of the time...). I'm not saying I knew it all. But just that I had read it and heard and watched it so many times, that I was no longer really learning anything new, I was just recycling through the same information over and over.

That's when I think it hit me that it was time to just take the leap of faith and do it. The only way I was going to really learn what I needed next was from hands on experience.

And I had my team together (at least most of it), and with resources like BP, I was confident that there were plenty of people available to help me as the new questions came up and I navigated through unknown territory.

Loading replies...