Help! Analysis Paralysis...

[Lauren Reed]

Hello! I'm a new investor out in Grand Rapids, MI. I am ready to start finding deals and getting into fix and flips however I don't know where to start!! Ive done so much reading and research on the topic (Bigger Pockets is a Godsend!) however when it comes to pressing that go button, I freeze up, because I don't think I have all the necessary info or tools needed to be successful.  Does anyone out there have any useful tips to get going? What were the primary /basic tools used to atleast get your business up and running? What tools do you believe are "must haves" versus "nice to have "? I appreciate all responses!

[Matt K.]

Start with some SMART goals, then from there you can fill in the blanks with what you need. Fix and Flips get a lot of glam as quick way to make some money... but if you don't know how to mange the project or vet contractors or do the work yourself it can eat up all your capital quick.