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Updated over 14 years ago on . Most recent reply

User Stats

5,700
Posts
3,498
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Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
3,498
Votes |
5,700
Posts

Flight delayed- bored- so here is poll or question.

Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
Posted

I placed this in starting out on purpose. Just curious about what the newbies feel they're lacking, after expertise.
1. properties
2. buyers
3. sellers
4. money
5. guts
I have my own thoughts as to what the order will be due to # of posts here on BP about each area listed in poll. What are you needing most? Rich

Most Popular Reply

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17,995
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17,196
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J Scott
  • Investor
  • Sarasota, FL
17,196
Votes |
17,995
Posts
J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

For me, it wasn't any of those things...

It's been a couple years now since I did my first deal, but I remember when I was looking for that first investment, and I remember what held me back for several months before I made the leap...

It was lack of confidence in my ability to make an informed decision. I didn't feel that I had enough information to determine if something was a good deal or not.

Looking back, I actually didn't have enough information, and knowing what I know now, I don't think I ever would have had enough information if I didn't take a risk on that first deal. Some things you have to learn by doing, and sometimes you just have to make the leap and take a risk to learn those things...

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