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Updated over 4 years ago,
Analysis Paralysis or Just Right
Hi BiggerPockets Family,
After watching Paul Moore's live YouTube post yesterday he had mentioned to someone, thst they should wait to make their first move during this time of uncertainty, and learn during this time instead.
Well I've been listening to many audbile bigger pockets books while at work and home, and the books are the ones that are the podcasts hosts favorites i.e The E-Myth, The Book On Flipping House's etc. I also plan to listen to every podcast up to current day, and continue. I'm on show 34 and have a ways to go. I also listen/buy some books in between the podcasts and YouTube videos, but books add up in cost before you know it.
I'm also putting together all of the due diligence checklists/paperwork/team members/Microsoft project schedule, for each style house and customizing to the specifics like level of rehab or a 3 and 2 or 3 and 1 etc. Another thing I'm doing is trying to build networks with my long time friend who is a real estate agent, and has about the same goals as me.
My plan is to make my first offer on a flip Long Distance wherever it takes me after analyzing everything (my market in CT isn't that great) by May 2021 which would give me a year of full time learning every single day of the week (around 6-8 hours per day).
Do you think this is enough to knowledge to safely start by that time?